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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.

Ford Mustang 50 Year Limited Edition revealed – unlikely to make the UK

The Ford Mustang 50 Year Special Edition The Ford Mustang is a very big deal in the US, so it’s no surprise Ford are producing a special model to celebrate the launch of the first Mustang in 1964. The Ford Mustang 50 Year Limited Edition – yes, it does what it says on the tin – is based on the 2015 Mustang GT Fastback with Performance Pack and a choice of just two colours - Wimbledon White (the one in the photos) or Kona Blue – with either a manual or auto gearbox. Nods to the original design include chrome bezels round the bottom of the tail lights, a fake fuel filler cap on the back and louvered rear quarter windows.

Land Rover Raises Evoque’s Game

LAND ROVER is to launch a hot version of its popular Evoque. The Autobiography Dynamic variant will be powered by an uprated version of the firm’s 2.0-litre turbo petrol motor. In 281 horsepower trim, Land Rover claims this go-faster Evoque will hit 60mph from rest in 6.7 and go on to a top speed limited to 140mph.