Barring a last-minute reprieve, long-ailing Swedish automaker Saab could be about to follow such brands as Plymouth, Packard, Oldsmobile and Pontiac into oblivion.
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Updates from December, 2009
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11:35 am on December 30, 2009
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11:35 am on December 30, 2009
GMAC Financial Services said today it will get $3.79 billion in additional aid from the U.S. government, on top of the $12.5 billion already received since December 2008.
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11:35 am on December 30, 2009
At least four suitors are in the race for insolvent German supplier Karmann’s roof business, a source close to the situation said, with Canada’s Magna International Inc. leading the pack.
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11:35 am on December 30, 2009
GM has extended a Dec. 31 deadline for bids for Saab, which will restart some production lines in January, Saab said today.
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11:35 am on December 30, 2009
Next year Ford Motor Co. will be the first automaker in North America to offer HD radio technology and the ability to tag songs on iTunes in the vehicle for later purchase. The technology initially will be available only on certain vehicles.
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11:35 am on December 30, 2009
Standard and Poor’s lowered its opinion of Ford Motor Co. stock to sell from hold — citing and#8220;valuationand#8221; reasons — after Ford’s shares rose above SandP’s target price of $9. In a statement issued Dec.
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11:35 am on December 30, 2009
The Canadian Auto Workers union said today it is pushing Ford Motor Co. to put its new 5.0-liter V-8 engine, which will be made in Windsor, Ontario, into more vehicles than just the Mustang GT.
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11:35 am on December 30, 2009
General Motors Co. is recalling Chevrolet Corvettes from the 2005 through 2007 model years because the roof panel may blow off. The recall covers Corvette coupes with the removable roof panel.
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11:35 am on December 30, 2009
Auto sales will gain momentum worldwide in 2010 on the back of better access to credit and a return to 3 percent growth in the global economy, setting the stage for record volumes in 2011, according to the latest industry forecast from Scotia…
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11:35 am on December 30, 2009
General Motors Co. is offering deep discounts on its remaining Saturn and Pontiac vehicles as it looks to move the leftover inventory of the soon-to-be-dead brands, according to a published report.Popularity: unranked [?]