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Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.

Aston Martin DBS from 'The Persuaders!' heads to auction

James Bond wasn't the only British fictional character associated with cars from Newport Pagnell, even though the MI6 agent did drive Aston Martins in a number of films. But James Bond films weren't the only medium in which Aston Martin cars appeared. If you watched the opening of the 2012 Summer Olympic Games in London, you might have noticed one TV series not referenced in the opening show: "The Persuaders!" starring Roger Moore (a Bond actor himself) along with Tony Curtis.

Fiesta grabs Women's World Car of the Year prize

THE FORD FIESTA 1.0 Ecoboost has been crowned the Women’s World Car of the Year 2013. A panel of 18 women judged the car on factors such as colour, sex appeal and ease of driving. Beating off competition from Audi and Range Rover, the Fiesta was praised by the all-women panel and the awards chairman Sandy Myhre said: ‘It was clear from the outset the Fiesta struck a chord with our panel of women as it has features which clearly chime with the needs of female drivers.’ Barb Samardzich, chief operating officer, Ford of Europe, said: ‘The success of the new Fiesta, both in terms of this award and impressive sales, has been achieved with a car which is sharp looking, better connected and even more fuel efficient and fun-to-drive.’