If Spyker wants to make Saab a profitable enterprise, they’re going to have raise more cash and do it soon. Analysts say that in order to put the Swedish auto company into the black they will have to sell upwards of 75,000 vehicles per year. This number is a far cry from the 39,903 they [...]
The wake of General Motors‘ June 2009 bankruptcy left several brands stranded: the military-turned-civilian Hummer was sold to a Chinese machinery company, the affordable line of Saturn cars is set to be totally phased out and off lots by this October, and iconic American brand Pontiac will vanish by the end of 2010. Not all [...]