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Volkswagen postpones  MAN supervisory board takeover

Kris Alingod – AHN News Contributor Wolfsburg, Germany (AHN) – Volkswagen on Monday postponed its appointment of executives to truckmaker MAN’s supervisory board following advise from the European Union. The Wolfsburg-based company said it is in “constructive discussions” with the EU Commission after the panel said the appointments should be made after anti-trust clearance of [...]

Saab deal with Chinese firm collapses

Kris Alingod – AHN News Contributor Zeewolde, Netherlands (AHN) – An investment from a Chinese firm that would have provided a lifeline to Saab has collapsed, prolonging a production halt and leaving the future of the ailing Swedish automaker uncertain. The company’s Dutch owner, Spyker Cars, said Thursday that an agreement with Hawtai Motor Group [...]

New lease on life for Saab with Chinese firm’s investment

Kris Alingod – AHN News Contributor Trollhattan, Sweden (AHN) – Saab owner Spyker Cars on Tuesday announced that it had secured an investment from a little known Chinese company, allowing it to resume production at its Saab plant. The Dutch automaker will receive euros 120 million ($222 million) from the Hawtai Motor Group in return [...]

Business Grants – Applying and Eligibility

Business grants exist to help businesses develop. They are available from a number of different sources such as the Government, European Union, Regional Development Agencies, Business Link, local authorities and some charitable organisations.