1980's Ford Mustang Gt 5.0 Emblem Keychain on 2040-parts.com

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

Ford Focus ST: The Sweeney Premiere

With the Focus ST about to hit the road, Ford’s new hot Focus is front and centre in the premier of The Sweeney movie tonight. For readers past the first flush of youth, the cars of Ford and The Sweeney are inextricably linked in memory. From the Consul GT to the MK III Cortina and the later Granada 2.8 S, Ford and Sweeney are synonymous.

Red-hot VW Golf R400 is headed for production

If you thought the Volkswagen Golf R400 concept displayed at the Beijing auto show seemed suspiciously like a real product -- you know, one you'll someday be able to buy rather than something trotted out to tease the world's enthusiasts -- you were on to something. VW says a production version of the car is in the works. We should clarify: We didn't get confirmation of that, exactly.