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Saab files for Bankruptcy
Mon, 19 Dec 2011Saab Bankrupt It looks like Victor Muller’s dream of saving Saab is over with Saab shares suspended and the company filing for bankruptcy. Saab has produced nothing since April and has lurched from crisis to crisis ever since. Victor Muller has pulled every trick he knows – and some he didn’t know he knew – to keep Saab afloat, but it looks like it’s all for nothing.
Lamborghini set sales record despite decline in U.S.
Tue, 13 Jan 2009Lamborghini sales in the United States fell in 2008, but the brand still had a record year worldwide, said president Stephan Winkelmann. "We balanced sales in the Middle East, China and Southeast Asia with the drop in the United States," he said. Lamborghini sold 741 cars in the United States in 2008, down 20.3 percent compared with 2007.
What We Drive: 1963 Pontiac Star Chief
Fri, 13 May 2011I wouldn't say it was a sad hunk of Detroit iron, but the 1963 Pontiac Star Chief definitely looked lonely when I discovered it in a Michigander's backyard while delivering pizzas. It wasn't covered, and there was no For Sale sign, but I could tell it needed a home. The paint on the side of the car was in good condition, as far as I could tell.