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Saab: Muller seeking €600 million Chinese Bank loan to placate GM

Saab €600 seeking million China Loan Victor Muller is seeking a €600 million loan from a Bank in China to allow Saab to survive and circumvent GM’s objection to Chinese ownership. We’re not sure if this is ‘Plan B’ or whether we’re way beyond that now. But the latest ‘Save Saab’ pitch from Victor Muller is to acquire a €600 million loan from a bank in China to save Saab.

Campaigners oppose CCTV parking camera ban

CAMPAIGN groups have joined local authorities in warning against plans to ban CCTV parking cameras. The Local Government Association (LGA) and the groups are opposed to Government plans to stop councils from using CCTV to tackle dangerous parking outside schools. The cameras are being used to prevent drivers blocking bus lanes and loading bays and to stop pavement parkers posing a risk to disabled pedestrians.

General Motors to drop Goodwrench brand in the United States

UPDATED -- General Motors Co. is dropping the GM Goodwrench car mechanic brand in the United States as the company moves to redirect the marketing emphasis around its four core vehicle brands, the company announced. The long-standing Goodwrench brand--used by GM dealers to promote vehicle repair and maintenance services--will be replaced by Chevrolet Certified Service, Cadillac Certified Service, Buick Certified Service and GMC Certified Service, GM said in a statement released Monday evening.