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GM to recall 231,000 vehicles with fire hazard
TROLLHATTAN, Sweden, Feb. 8 (UPI) -- Insolvent Swedish automobile company Saab has attracted potential buyers, said a bankruptcy trustee, who did not want to reveal names.
The Stockholm News reported Wednesday that Hans Bergqvist confirmed there were "indicative offers" for the car company that shut down production in 2011 when it ran out of cash to pay suppliers and workers.
News reports have speculated the Chinese firm Youngman and the Indian firm Mahindra are in the hunt for Saab.
Bergvist said it would be "some weeks" before a buyer was revealed, the newspaper said.
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REYKJAVIK, Iceland, June 19 (UPI) --
Iceland's new prime minister this week cited the country's mackerel fishing dispute with the European Union as a prime example of the value of sovereignty.
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PARIS, June 18 (UPI) --
Engine-maker Pratt & Whitney has announced delivery of its 100th F135 propulsion system to the U.S. government for the F-35 Lightning II fighter.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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