Volkswagen Group Reaches Record 8 Million Deliveries For 2011

Volkswagen Group Reaches Record 8 Million Deliveries For 2011
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It seems that Volkswagen, Europe’s largest automobile manufacturer, has no intention of slowing down. Sales results for 2011 revealed a sales gain of another 14.3 percent from last year. In a single December, Volkswagen completed 650,000 deliveries. However, the most staggering statistic of all is that Volkswagen Group delivered more than 8 million vehicles for… Continue Reading...

Saab Has Ability To Pay Debts According To Probe By Swedish Agency

Saab Has Ability To Pay Debts According To Probe By Swedish Agency
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Sweden’s debt agency is claiming they have successfully investigated a handful of Saab bank accounts with some success. On Friday, the agency uncovered $796,291 which is enough to cover debts owed to the first four companies waiting for payment. The debt agency has contacted other banks holding Saab accounts in order to understand exactly where the Swedish automaker stands…. Continue Reading...