OnStar: The Future Of Driving Is Creepy

OnStar and an insurance company called Progressive recently announced the latest developments in creepy connected driving. Available soon on certain GM vehicles, OnStar will be able to track and record your driving behaviour and then share that information with Progressive, who may (or may not) offer you a discount based on your driving. From the Detroit News: General Motors Co.’s OnStar subsidiary will offer motorists a new service this summer that gives feedback on their driving skills and allows some to seek driving-based discounts from Progressive insurance. OnStar, which provides emergency, security and embedded Wi-Fi connectivity services to 7 million […]

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GM vs No GM?

Here’s a genuine question for friends in the US. I remember back in 2009 there were a lot of people – and I mean a LOT – crying foul about the US government’s bailout of General Motors. This week, the US government sold its final shareholding in the restructured GM, booking a total loss of $10billion on the bailout. For that $10billion, you basically got to keep your national car industry. You got to keep the jobs (not just GM’s jobs, but most likely Chrysler’s and Ford’s, too), you’ve got the products, the investment and innovation that comes with the […]

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Spyker appeal GM case dismissal

I missed this story when I was on holiday but thanks to Victor himself dropping in on our comments section yesterday, I had reason to go searching for the story. Bottom line: On October 1st, Spyker appealed the judge’s dismissal of their case. Source: Law 360. Click that link to read the story in full. —— Dutch carmaker Spyker NV urged the Sixth Circuit on Tuesday to revive its $3 billion lawsuit alleging General Motors Co. pushed Saab Automobile AB into bankruptcy by interfering with Spyker’s bid to sell the Swedish automaker to Chinese investors, claiming a district court judge […]

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Opel/GM – It’s Your Money, Ralph

Anyone who lived in Victoria in the late 1980’s would remember the ad in the video below, from the State Bank of Victoria. The line “It’s your money, Ralph” became as common in regular conversation back then as “Not Happy, Jan!” became in offices around the country five years ago. —— The news broke last Friday (at 5pm, of course) that Opel would be pulling its cars out of Australia after a spectacularly short 12 months where they sold just 1500-or-so cars to actual customers. It’s hard to comprehend just how massive a stuff-up this is or how the supposedly […]

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Thursday Snippets – Jokes, GM, Datsun and Sales

I work in an audit office. Suffice to say, jokes aren’t our strong point. I heard a couple of good ones on TV last night and thought I’d better record them for posterity. I’m sure they could be useful in the future. #1 A sweet young girl, around 8 years old, walks into a pet shop. She walks up to counter and asks the owner “Please sir, I’d like to buy a bunny rabbit.” The shopkeeper looks over the counter to the girl, smiles and asks “Would you like a white rabbit or a brown rabbit, young lady?” The girl […]

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Judge dismisses Spyker’s lawsuit against GM

Sad to see, but can’t say I’m too surprised. A judge has dismissed Spyker’s $3billion lawsuit against General Motors. From Business Week: DETROIT (AP) — A federal judge on Monday dismissed a $3 billion lawsuit filed by Dutch car maker Spyker against General Motors Co. Spyker sued GM last August, accusing it of unfairly blocking a deal to let a Chinese buyer take over Swedish carmaker Saab. GM sold Saab to Spyker in 2010. Saab filed for bankruptcy protection less than a year later after GM blocked its sale to a Chinese automaker. GM asked U.S. Judge Gershwin Drain to […]

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Saab delay submission to creditors in order to continue negotiations

Re-posted As the day in question is tomorrow and there are still a few headlines going around about this, I thought it wise to bring it back to the top of the page. —— Despite the sound of the headline, this is not a press release. The purpose of this posting is two-fold: to talk of the delay in the submission to creditors that was planned for November 22, and to clarify what was going to happen on that date. As has been mentioned in the media already, Saab/Swan and Guy Lofalk have taken a decision to delay submitting their […]

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MoU with Youngman, Pangda has expired, but talks continue

Today’s the day the Memorandum of Understanding that was signed on October 28 expires. There might be some uncertainty as to what that will mean for Saab today. In short, whilst the MoU does indeed expire, all parties to that deal have agreed to continue talks. General Motors, who must approve any sale of Saab under certain conditions, indicated that they would not accept a sale of Saab Automobile as per the terms of the MoU. Therefore the parties involved are negotiating to determine conditions that GM will accept. As has been previously reported in the media, information has been […]

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Waiting….. (still)

It’s the beginning of what will surely be another big week in the history of Saab Automobile. I think I can speak for colleagues here at Saab and say that we’ve seen some wonderful things in the last few weeks – the support and happiness of people attending the dealer tours, as well as the recent and spontaneous gestures of support on several other fronts as well. We truly appreciate it. I just wanted to quickly refer back to something that I wrote last week in a post called Waiting. There’s no reason why Saab Automobile has to succumb to […]

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The process with China and preparing for GM continues

As you may have read in news reports earlier today, discussions are ongoing with our Chinese partners as we try to negotiate a solution that will satisfy all parties. Reuters: China’s Zhejiang Youngman Lotus Automobile Co said it still wanted to invest in ailing car maker Saab after General Motors said on Monday it would stop supplying components and technology if Pang Da Automobile and Youngman succeeded with their acquisition bid. Youngman director Rachel Pang said on Wednesday the company will do “everything they can” to support Saab’s survival. She told Swedish news agency TT Youngman still wants to buy […]

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