Posts Tagged companies
Saab Restarting Car Production
Posted by alibabarika in Automotive Articles on July 6, 2011
Saab restarted its production lines Friday after a long layoff. The Swedish car company was shut down for seven weeks due to serious financial problems. These problems included a lack of money with which to pay suppliers. Many of its suppliers stopped making deliveries to the plant on April 5, 2011, which forced the automaker to shut down. Now that the Trollhatten factory is open again Saab claims to have orders for 8,000 cars.
The automobile manufacturer has long had financial problems. Production has been in serious decline for several years. In 2010 Saab produced only 32,048 cars, down from 102,915 in 2007. The car company’s line-up currently consists of variations on just three different models. These are the 9-3, the 9-4x and the 9-5. The company also has two new models in development, one of which is not due out until the fall of 2012. General Motors, which owned the brand from 2000 until 2010, almost shut down the line when it had a difficult time finding a buyer. GM still supplies Saab with engines and transmissions. It also makes the Saab 9-4x. When GM located a buyer it had to obtain a loan from the European Investment Bank to complete the deal. The Swedish government guaranteed the loan.
Global Auto Trends Heading Your Way
Posted by alibabarika in Automotive Articles on July 6, 2011
Until recently, the U.S. auto market was insulated from what took place in much of the rest of the world. Passenger vehicles built in North America, particularly in Canada and the United States, were often different from what car manufacturers built in Europe, Asia, South America and elsewhere.
Auto Trends
Why Do I Need a Life Insurance Exam?
Posted by alibabarika in Web Resources on June 30, 2011
Why
Do I Need a Life Insurance Exam?
A life insurance exam is standard practice
- many life insurance carriers require that applicants take medical exams to
determine the rate you are charged for your term and whole life insurance
policies. Although you may want to avoid an exam or feel it is unnecessary, you
will generally get a better rate if you submit yourself to a life insurance
exam by a paramedical professional. These medical professionals are paid by
life insurance companies to perform exams and report the findings back to them.
Many times they are mobile and can come to you, or you can schedule an exam at
a clinic specified by the insurance company. If you are under 40 and in good
health, you may not need to take a medical exam in order to obtain life
insurance. Each company has its own requirements, so it is best to check with your
agent.
Gear Up With The Works: GMC Parts
Posted by alibabarika in Automotive Articles on January 15, 2011
Got troubles looking for the right parts? GMC Parts as well as car accessories of different kinds can be acquired through GM Service and Parts Operation. In the course of its circulation, GMC Parts, sold under the GM brand, as well as the GM Performance Parts brand and GM Goodwrench, has earned a substantial following among consumers that has ensured the stability of GM’s place on top of the chain. If you’ve never gone for any brand other than GMC Parts for your car’s replacement parts, you may find yourself familiar with these names since these are the brands that supply GMC dealerships and distributors as well on a worldwide scale. Incidentally, ACDelco is another GMC brand of auto parts.
At one time or another, when other automotive companies were being forced to close their doors or sell their businesses on the market left and right, General Motors Corporation, or GM, had continued, and still does, to be the leading automaker in the world. Since it was established in 1931, GMC has grown and evolved into a corporation that now has manufacturing plants to be found in over 33 countries. Following in the heels of this thought, it is not hard to believe that General Motors even grew to be the largest company across all states of the U.S. at one point in history. The GM Corporation locates its head offices in Detroit, Michigan. Among the countries GMC operates in is China, under the banner of “Shanghai GM.”