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Saab enters Court Protection – just as we predicted

Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.

Saab seeks partner for new small car, aims to be a contract manufacturer

Saab is continuing its search for a partner to help it build a new entry-level car and the company also wants to build vehicles for other automakers at its factory in Sweden, Chairman Victor Muller said. "We are talking with other manufacturers to buy a platform or drivetrain technology for this entry-level car," Muller told Automotive News Europe. "It should come as soon as possible, in 2014 the earliest." Muller said the car would be priced at about 20,000 euros, or about $28,300 at current exchange rates.

New Vauxhall Astra – the Race

The new Vauxhall Astra will be launched in September at Frankfurt This sixth generation of the Astra is a good looking car, and has taken a lot of its design cues from the very good Vauxhall Insignia. And it has in its sites the Ford Focus, the VW Golf and the new Mazda 3. So what better way to show its prowess than to produce a ‘viral’ video – without giving away too much detail – showing the new Astra mullering the Focus and the Golf on the track at Millbrook?