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According to a press release quoted in Dow Jones Newswires, Stefan Lofven, head of Swedish trade union IF Metall, the board of Saab has voted today to liquidate the company. Simultaneously, General Motors has announced that it has hired AlixPartners to supervise the "orderly wind-down" of the ...
Griffin Up! - In support of Saab Automobile – click above to watch videoNeither Santa Claus nor the Grinch showed up for Saab faithful over Christmas, as the troubled automaker remains in limbo, with General Motors not releasing any further announcements over the holiday about the fate of ...
When Cash for Clunkers Version 1.0 hit the ground running like Hussein Bolt in the 400 meter relay, the U.S. government was caught a little flat-footed by the sheer volume of demand. As a result, after only a few days after C4C was started, the government was looking to shut down the program, and ...