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Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.

Ford Mustang unveiled at LA Auto Show

By Ben Pulman Motor Shows 19 November 2008 15:50 This is Ford’s facelifted Mustang, or as it’s known Stateside, the 2010 Mustang. Unveiled today at the LA Auto Show, it’s a significantly revised version of today’s car with more V8 power, sharper looks, and still that live rear axle. Even the badge is redesigned on the new ‘Stang.

Speed launches Internet channel as pipeline to show more races

The Speed Channel, usually relegated to the upper-hundreds on the cable-channel spectrum, is launching a new broadband channel on the Internet. Speed2 will only be available to current Speed subscribers and will have at least a dozen race series that normally don't make it to the TV channel. Subscribers of the cable channel will go through a short authentication process to access the network.