Saab received a €30 million cash injection on Monday, meaning the struggling Swedish carmaker would be able to restart production within a week. The company also forged a strategic partnership with a Chinese automaker. View full post on All Stories
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Fresh cash, new Chinese partner set to revive Saab
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Comments OffFiat to spend $1.3B to boost its stake in Chrysler
admin Fiat will spend $1.3 billion to raise its ownership stake in Chrysler, the first time the Italian company will invest cash in the Detroit automaker. View full post on All Stories
Sweden agrees to let cash-strapped Saab alter financing
admin STOCKHOLM : Sweden’s government on Friday said it had agreed to allow carmaker Saab to alter its financing and thereby get hold of badly-needed cash for continuing operations after several halts to production. View full post on All Stories
Posted in Car Check Tags: carmaker, cash, financing, Friday, Government, hold, post, production, Saab, stockholm sweden, Stories, View Comments OffIncoming GM CFO gets cash salary, $3.5 million in stock
admin General Motors Co, the largest US automaker, will pay its incoming chief financial officer an annual cash salary of $750,000 and about $3.5 million in stock options, GM said a filing on Thursday. View full post on All Stories
Posted in Best Autos Tags: 5 million, cash, cash salary, CFO, chief financial officer, filing, General, general motors, gm, Incoming, Officer, post, salary, stock, stock options, Stories, Thursday, View Comments OffChrysler CEO receives no salary for 2010: Report
admin Sergio Marchionne, the chief executive of Chrysler Group LLC, received no cash salary from Chrysler in 2010, the automaker managed by Fiat SpA revealed on Friday in a detailed filing with US regulators. View full post on All Stories
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