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Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.

Peugeot 3008 HYbrid4 Revealed

The Peugeot 3008 HYbrid4 -launches Spring 2011 We got a glimpse of the Peugeot 3008 HYbrid4 at the Frankfurt Motor Show last year, and at the time we commented that it looked almost ready to go. And so it seems – even though almost a year has passed – with the reveal today by Peugeot of what will be the world’s first diesel hybrid when the 3008 HYbrid4 starts to hit the road in 2011. You couldn’t get a much better starting point for a hybrid than the 3008 Crossover (read our review of the Peugeot 3008 if you have any doubts).

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.