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Silver linings: Saab and Mitsubishi see sales grow in May

Despite the company’s financial troubles, Saab sales are steadily increasing in 2011, with April and May numbers up 190 percent and 121 percent, respectively, from the same months last year. The Swedish automaker reported 385 units sold this May, versus 155 the year prior. So far this year, Saab has sold 2,765 vehicles, compared with 954 at the same point last year.

UPDATED: Aston Martin sold

By Phil McNamara Motor Industry 12 March 2007 09:38 Aston Martin is today under new owners, following the sale of Britain’s premier sports car company to an investment consortium. After 20 years of ownership, Ford divested itself of the brand, its facilities and its products, in a deal valuing Aston at £479m.   The new owner is a consortium led by David Richards, boss of automotive consultancy Prodrive, who helped to unite two private investment companies from Kuwait. Adeem Investment, which already owns the Grosvenor House Hotel in London, has a portfolio worth $1.5 bn.

Peugeot 2008 SUV sales strong – production to double

Peugeot are increasing production of the 2008 compact SUV (pictured) to meet demand We have a bit of a soft spot for a number of Peugeots, and we were convinced that the 2008 compact SUV would be a winner for PSA. And it seems it is. When we revealed UK prices for the 2008 last month, we commented that we thought Peugeot’s target of selling 8,000 a year in the UK was a modest one, and it appears Peugeot is quickly discovering the 2008 is even more popular than they’d hoped.