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Queen’s hat causes car problem in France

Renault | AP The French president has a problem: it turns out none of the Citroen cars currently at his disposal are large enough to accommodate the Queen’s customary hats. So for Her Majesty’s state visit on 6 June, in commemoration of the 70th anniversary of D-Day, president Francois Hollande has ordered an old Renault out of retirement to make sure the Queen has the necessary headroom. On Bing: see pictures of the Queen’s cars60 years of Royal cars President Hollande is generally seen in a Citroen DS5, as this is the most prestigious French-made car currently available; alternatively he also has routine access to the slightly more limo-like Citroen C6.

Seven reasons why GM wants to keep Opel

General Motors Co. is considering reversing course and hanging on to Opel, and it is easy to figure out why. Keeping a foothold in Europe is vital for GM, and the company may be able to afford it.

Saab gets approval for voluntary reorganization on appeal

...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.