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Saab gets approval for voluntary reorganization on appeal
Wed, 21 Sep 2011...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.
Alfa Romeo To Lead To Touring Car Pack
Fri, 14 Mar 2014IF YOU want to get a good look at Alfa Romeo’s dramatic-looking new 4C sports car you’re going to have to start watching this season’s World Touring Car Championship. The Italian car maker isn't competing though, as the 4C was been made the official safety car for the 2014 season. The coupe will be finished in a special livery and will be on the grid for every race, beginning with the Circuit of Marrakech (Morocco) on 12 and 13 April.
Alfa Romeo teases production 4C sportscar
Mon, 07 Jan 2013Alfa Romeo has revealed the first official teaser image of its 4C sports car. The 4C, which is expected to debut in March at this year's Geneva Motor Show, was first seen in concept form at the 2011 edition of the show. The image shows a set of alloys that also featured on the concept, indicating that the production version shouldn't be much different from the concept.