July 10, 2012 |
Now that the state budget's done and the Legislature's gone and the summer season of vacation and tourism is here, I'm wondering whether Gov. Corbett follows the path of previous guvs and gives us a new state slogan. I know it's not the most pressing state issue, what with cuts to general assistance recipients, unaddressed road and bridge woes and angst and lawsuits over the new voter-ID law. But, hey, it is a state tradition. Some guvs lay out a bunch of money, hire an ad agency to come up with a slogan and run an ad campaign to draw visitors to the state.
November 16, 2011 |
2012 Volkswagen Passat SEL: Volkswagen appears no longer content being merely a Saab alternative. Price: $28,395 (The base S model starts at $19,995, and Bluetooth Technology is standard.) Marketer's pitch: "Designing a bigger smile. " Conventional wisdom: Edmunds.com says it deserves "serious consideration. " Reality: Whatever Volkswagen is doing must be working; sales for the 2011 calendar year are up 22 percent in the U.S. over the same period in 2010.
October 20, 2011 |
STOCKHOLM - The owner of Saab Automobile says the administrator of the cash-strapped carmaker's reorganization under bankruptcy protection wants to terminate the process. Swedish Automobile N.V., the Netherlands-based company that owns Saab, said Thursday that lawyer Guy Lofalk will file an application to end the reorganization process to a Swedish court. The company said it will contest the application and apply for a replacement of Lofalk as administrator. Saab entered bankruptcy protection in September after a court granted it a three-month period to reorganize its operations and try to solve a severe liquidity crisis.
September 21, 2011
Dorman Products Inc., Colmar, said today it will put the international portion of its ScanTech replacement auto parts business up for sale. The pre-tax cost of leaving that business, which is based in Sweden, will be $5 million. ScanTech has lost money the past three years, including $2 million last year. The unit distributes Volvo and Saab parts, and the North American portion of the business will be transferred to Dorman's Montgomery County headquarters from Sweden.
August 28, 2011 |
After General Motors sold Saab early last year for $74 million, some Saab stock, and five Wheaties box tops, the Swedish automaker has lurched from one crisis to another, all of them money-based, of course. As Saab's new owner, now called Swedish Automobile, tried desperately to raise capital, financing deals fell through, workers went unpaid for a time, unions threatened to force liquidation, unionists on the company board resigned, and production stopped for a time because suppliers weren't being paid.
February 2, 2011
THE CARS OF my driving youth were all-American - Mom's Mercury station wagon, a no-frills Ford that Grandmom Bert abandoned in our driveway, then a hulking black Oldsmobile convertible (nicknamed "The Batmobile") that I'd talked my usually conservative dad into buying and regularly borrowed to impress the girls. When it came time to buy my own first car, though, I opted for a zippy little Italian sports car - a Fiat Spider 124 - first spotted and instantly adored at the Philadelphia Auto Show.
July 26, 2010 |
Three Philadelphia men were killed early Sunday morning in a one-vehicle accident on the Atlantic City Expressway in Winslow Township. Bernard L. Sanford Jr., 20, was driving west in a gray Saab with passengers Stephen Baxley, 23, and Steven Blount, 22. He lost control of the car about 12:30 a.m. near Milepost 39.7 in Camden County. The car spun into the left lane and off the left side of the road, where it smashed into several trees in the median, New Jersey State Police Sgt. Stephen Jones said.
July 26, 2010 |
A group of young men sat in silence on the steps of a North Philadelphia rowhouse yesterday afternoon, mourning their friend Steve Blount, as rain pelted an awning above them. Blount, police said, was one of three men killed early yesterday when the 2001 Saab he was traveling in drove off the Atlantic City Expressway in Camden County and hit several trees. "We still don't really know a whole lot," said his uncle Michael Blount. "He was a good kid. " New Jersey State Police confirmed that Blount and Stephen Baxley, 23, of Tolbut Street, were two of the three men killed in the accident.
June 2, 2010
In the Region Higher jobless rate as more look The Philadelphia area's unemployment rate increased in April to 9.3 percent from 9.2 percent in March as more people looked for work with the improving economy, the Pennsylvania Department of Labor and Industry said. Since not all of them found jobs, the rate increased. The number unemployed locally rose by 4,300 to 280,300; the number with jobs rose by 3,200 to 2,718,100. - Paul Schweizer L-3 lays off 45 engineers L-3 Communications , a defense contractor that makes communications and intelligence systems on the Camden waterfront, laid off 45 of its 420 union engineers Tuesday.