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Saab gets approval for voluntary reorganization on appeal

...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.

2013 Range Rover deliveries start at JLR’s new Handover Centre

The first UK deliveries of the 2013 Range Rover have taken place at Jaguar Land Rover’s all new Handover Centre in Solihull. The new JLR Handover centre is JLR’s answer to the experiences premium German marques offer buyers, with a new car collection becoming a real ‘event’ instead of just a bunch of keys and a quick chat at your local dealers. Buyers of new Land Rovers who are happy to cough up £1200 when they order their new car at their dealers can now take delivery at JLR’s all new high-tech building, standing at the Lode Lane entrance of JLR’s Solihull facility.

New BMW 3-series to be revealed on Oct. 14

If you're a fan of BMWs, mark your calendar for Friday, Oct. 14. That's when the German automaker will take the wraps off the redesigned 3-series.