Archive for May, 2011

Struggling automaker Saab restarts production

Tuesday, May 31st, 2011

Struggling automaker Saab restarts production
Spyker Cars NV’s cash-strapped Swedish unit Saab Automobile on Friday resumed car production after a near seven-week standstill caused largely by payment problems to its suppliers.

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Spyker Cars will be renamed to Swedish Automobile NV

Monday, May 30th, 2011

Spyker Cars will be renamed to Swedish Automobile NV
Dutch company Spyker Cars NV (SPYKR. AE), which owns Swedish car maker Saab Automobile, plans to rename itself Swedish Automobile NV. As we know, Spyker has sold the Spyker sportscar part of the company to the coach-builder CPP earlier this year, so it made no sense to use the name Spyker any more.

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Perez to stay in hospital overnight

Sunday, May 29th, 2011

Perez to stay in hospital overnight
MONACO (Reuters) – Sauber’s Mexican rookie Sergio Perez looked certain to miss Sunday’s showcase Monaco Grand Prix after crashing heavily in qualifying and being taken to hospital.

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Driver struck by brake pad has died

Saturday, May 28th, 2011

Driver struck by brake pad has died
MILFORD — A borough resident injured in a freak automobile accident has been pronounced dead, police said.

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DNC chair: Without the auto bailout, we’d all drive foreign cars (VIDEO)

Friday, May 27th, 2011

DNC chair: Without the auto bailout, we’d all drive foreign cars (VIDEO)
Debbie Wasserman Schultz, the new chair of the Democratic National Committee, continued her party’s assault on Republicans who opposed the 2009 auto industry bailouts that President Obama supported.

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Austin’s source for local news

Thursday, May 26th, 2011

Austin’s source for local news
Penny JoAnne Engelman, 31, of Austin, died Sunday, May 22, 2011, as a result of an automobile accident. Penny was born Dec. 21, 1979, at St. Mary’s Hospital in Detroit Lakes, Minn. to Timothy and Linda Engelman. She attended Sumner Elementary School, Ellis Middle School and Austin High School.

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Auto Industry Outlook and Review – May 2011

Wednesday, May 25th, 2011

Auto Industry Outlook and Review – May 2011
The recent economic crisis provided the impetus for a massive structural change in the auto industry, setting the stage for growth over the next decade.

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