2006-2010 Volkswagen Gti Base Hatchback 2-door 2.0l Transverse 2.0t Intercooler 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.

New photos bring 2011 Chrysler 200 into clear view

We now have a better look at the 2011 Chrysler 200 sedan, courtesy of new photos from Chrysler. The updates to the Chrysler Sebring to convert it to the 200 include new front and rear fascia. The Chrysler badge will adorn the front, while a new rear decklid, LED taillights and brake lights round out the rear.

2005 Interior Motives Design award winners announced

 The Interior Motives Design Awards were held on the second press day of the IAA in Frankfurt. Now in its third year, the awards ceremony is a regular fixture, inked into schedules as a chance to meet and make acquaintances. Each year, Interior Motives proposes a range of design briefs to leading universities, giving their young talent the opportunity to have their work viewed by leading designers and win up to $5000.