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Special Report on

Saab calls its receivership

saab calls its receivership special research report Photo by www.thetruthaboutcars.com
As the credit crunch drags on, the future of some banks, car dealerships and even automakers has been called into question. If you're shopping for a car, talk of bankruptcy may worry you and could complicate your car shopping experience. You may also worry whether your new car's warranty will be any good, or even about the stability of your loan. To help guide you through the storm, we talked to some experts to see how a dealer or manufacturer bankruptcy would affect your purchase. According to Robert Lawless, a law professor at the University of Illinois, the law's answer is simple: Your warranty can be canceled.
REVIEWS AND OPINIONS
Beijing Auto, Merbanco, Renco Said to Approach Saab (Update2)
Nov. 27 (Bloomberg) -- Beijing Automotive Industry Holding Co., Merbanco Inc. and Renco Group Inc. have made approaches about General Motors Co.’s Saab unit after a sale to Koenigsegg Group collapsed, two people familiar with the situation said. No written proposals have been submitted and any new bids or other options for the Swedish unit will be reviewed by Detroit-based GM’s board at a meeting on Dec. 1, said one of the people, who asked not to be identified because the discussions are confidential. Koenigsegg said Nov. 24 it pulled out of talks to acquire Saab, saying it ran out of time to complete the ... market research, surveys and trends
The Cash Committee: How Wall Street Wins On The Hill
It was already October and the 42 Democrats and 29 Republicans on the House Committee on Financial Services had spent the better part of the year hashing out the details of a new federal agency dedicated to protecting consumers from dangerous and deceptive financial products. Auto dealers seemed like an obvious target for the new agency; nearly every time someone buys a car, the dealer also sells them an auto loan, complete with promises like zero per cent interest and a pile of cash back. Americans hold some $850 billion in car debt and dealers are responsible for marketing roughly four-fifths of that amount. They pocket ... market research, surveys and trends

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SAAB CALLS ITS RECEIVERSHIP

China Auto Industry « Infoseekchina
Li Shufu, the billionaire founder of China’s biggest private automaker, is leading a push among the country’s carmakers for overseas brands to move beyond the world’s fastest-growing car market. Li’s Geely Holdings Group Co said this week it might work with Chinese state investment companies to buy Ford Motor Co’s Volvo unit. Beijing Automotive Industry Holdings Co (BAIC) joined a bid for General Motors Co’s Saab on Wednesday and Sichuan Tengzhong Heavy Industrial Machinery Co is trying to buy GM’s Hummer. The acquisitions would give Geely and Beijing Auto entry into the US and Europe, ... industry trends, business articles and survey research
Washington Mutual: Information from Answers.com
Mission: To build strong, profitable relationships with a broad spectrum of consumers and businesses. We will do this by delivering products and services that offer great value and friendly service, and by adhering to our core values of being fair, caring, human, dynamic, and driven. Key Dates 1889: Washington National Building Loan and Investment Association is established to help rebuild after Great Seattle Fire. 1908: Name change to Washington Savings and Loan Association marks shift away from building loan business. 1917: Company converts to mutual savings bank and is renamed Washington Mutual Savings Bank. 1930: First ... industry trends, business articles and survey research
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Nov 16, 2009 ... Saab and Cadillac were introduced in China in 2004 but do not command significant .... MG Rover went into receivership in 2005. In July 2005, Nanjing .... The plan also calls for the overall improvement in automotive ... technology research, surveys study and trend statistics
The Rise of China's Auto Industry and Its Impact on the US Motor ...
Nov 16, 2009 ... Saab and Cadillac were introduced in China in 2004 but do not command significant .... MG Rover went into receivership in 2005. In July 2005, Nanjing .... The plan also calls for the overall improvement in automotive ... technology research, surveys study and trend statistics
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SAAB CALLS ITS RECEIVERSHIP
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QUESTIONS AND ANSWERS
What can happen if you use your cell phone on a plane? - Yahoo ...
There's a valid reason why you can't use your cell phoine in the air but apparently no one else seems to know it. The reason is that at high altitude your cell phone range is enhanced and the cell phone system on the ground cannot tell which receiver tower you are closest to. So it takes up to a dozen or so relay stations to deal with your one call, hence you are using cell resources voraciously. This doesn't take place on the ground, just when you're in the air. The built-in airphone on the plane is different and just links to one station via a radio channel, but your cell phone will link to ...
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