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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.

Car Design of the Year Awards 2007

What was your favorite car design from 2007? Here's your chance to vote for your favorite designs and CDN will present an award to the winning design teams. For the next four weeks, Car Design News is asking its readers to vote for their favorite car designs from the last twelve months.

Porsche 918 Spyder with Weissach Package does 0-62 mph in 2.6 seconds

Porsche 918 Spyder with Weissach Package does 0-62 mph in 2.6 seconds The trio of hypercars currently vying for the title of the ultimate supercar – McLaren P1, LaFerrari and Porsche 918 Spyder – have all taken similar – but different – routes to performance, although they’ve all ended up with remarkably similar statistics. But the Porsche 918 Spyder has already scored a direct hit with a record time of 6:57s round the Nurburgring and now, ahead of the first customer cars finally reaching their homes, Porsche has revealed improved performance for the 918 Spyder with the Weissach Package fitted. Performance from 0-62mph is just 2.6 seconds (2.8 seconds without the Weissach Package), 124mph is reached in 7.2 seconds (0.5s quicker) and 186mph in 19.9 seconds (2.1 s quicker).