Saab never delivered on the promise retired GM Chairman Jack Smith saw in the quirky brand because, bottom line, GM seldom gave Saab the resources to compete with premium automakers.
General Motors Co. Chairman and CEO Edward Whitacre Jr. reached outside the auto industry to recruit a new chief financial officer from software giant Microsoft Corp.'s senior ranks.
Stockholm -- The Swedish government held an emergency meeting with unions today to prepare for the closure of carmaker Saab's main plant, despite news that General Motors Co. has received more inquiries about the unit.
The man in charge of designing Ford Motor Co.'s trucks and crossovers in North America has left the company to take a senior position at appliance-maker Whirlpool Corp.
Could Saab yet be saved? Hopes dimmed Friday when General Motors rejected a plan to sell it to Spyker Cars and said the brand would be shut down. But new interest surfaced Sunday, including a renewed offer from Spyker.
Los Angeles -- Hyundai Motors Co. can claim something no other major carmaker can: It sold more cars in 2009 than it did in 2008. While automotive sales industrywide have fallen by 23.9 percent in the U.S. and carmakers struggle to survive, Hyundai has thrived.