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Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.

Ram 2500 HD gets six-speed transmission

Chrysler's Ram truck brand announced today that it is adding a six-speed automatic transmission to its 2012 2500 Heavy Duty trucks. The Ram 2500 HD and 3500 HD will be available with diesel and gasoline engines. The six-speed transmission replaces the five-speed 545RFE transmission in the 2500 HD, the automaker said in a statement.

The Frankfurt motor show 2009 review, by Ben Oliver

By Ben Oliver Motor Shows 16 September 2009 00:01 Taking the metro to the Frankfurt motor show, I was surrounded by men whose grey suits, lapel badges and reading matter made it obvious they were car company execs heading the same way. In previous years they probably had access to the fleets of chauffeur-driven cars that used to clog the town as they shuttled from airport to exhibition hall to hotel. But Frankfurt, like every other motor show, finds itself in reduced circumstances this year.  The Paris and Frankurt shows alternate, and the comparison with Paris this time last year is instructive.