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GM sees no potential buyers for Saab
Thu, 08 Jan 2009General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.
Worrying insurance fraud trends revealed
Fri, 16 May 2014AS MANY as two million motorists could be jeopardising their insurance by listing themselves as the main driver on a car that someone else covers more mileage in. The process, known as ‘fronting’, secures a cheaper insurance quote for the real main driver, who in many cases is young or has less no-claims discount, but it is illegal and could completely invalidate the policy and leave the drivers vulnerable to prosecution. Research from Privilege car insurance has revealed not only that the two million drivers could be risking more than they imagine, but also that around one million motorists are named as the main driver on insurance policies for cars they have never even driven at all.
Infiniti Q50 Eau Rouge concept revealed ahead of Detroit
Fri, 03 Jan 2014Infiniti Q50 Eau Rouge concept revealed ahead of Detroit If you’re pumping big bucks in to F1 – as Infiniti are with Red Bull – then you want to make sure you get a return in the form of road car sales. Which is why we’re getting the Infiniti Q50 Eau Rouge concept, heading for a debut at the Detroit Auto Show this month. Teased with a front view last month, the Q50 Eau Rouge gets a complete body makeover – inspired, of course, by Infiniti’s F1 Aerodynamics with Red Bull – which makes the Q50 both lower and wider than the standard model and gets a carbon fibre front splitter, rear diffuser and side skirts.