Bulgaria’s New Car Market Sees Total Collapse
The sales of new cars in Bulgaria dropped by almost 50% in January 2010 year on year. According to data of the Association of Car Producers and Authorized Dealers, only 1 160 new cars were sold in Bulgaria in the first month of the year, a 47,6% decline compared to the number sold in January 2009.

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Spyker sees Saab in profit by 2012
Dutch luxury sportscar maker Spyker said it expected its newly acquired Saab business to be profitable by 2012, with the former General Motors unit giving it a rare opportunity to develop a global brand.

Read more on AFP via Yahoo! UK & Ireland Finance