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.

2013 Range Rover Hybrid confirmed

Jaguar Land Rover Director Hybrids and Electrification, Peter Richings, has confirmed the Range Rover hybrid will launch in 2013. From the new, entry-level 3.0 litre diesel Vogue to the 5.0 litre V8 Supercharged Range Rover Autobiography,  all the new Range Rovers offer more performance, more off-road ability (or certainly easier off-road running thanks to the new automatic Terrain Response) together with lower emissions and improved economy. But although the new 3.0 litre TDV6 Range Rover will offer 196g/km emissions and manage 37.7 mpg there is going to be a new Range Rover Hybrid that cuts emissions to just 169g/km.

2013 BMW M3 offered in Frozen Red, White and Blue

Hot on the heels of the BMW 6-series Frozen Silver Edition coupe, the company says it will build a Frozen Edition of the M3 in three all-American colors: red, white and blue. Last year the company produced Frozen black and Frozen silver versions of the hopped-up 3-series. Standard equipment includes: --BMW Individual Frozen red, white, or blue exterior paint --Competition package including: --Matte black 19” light alloy wheels --Electronic damper control --Lowered suspension (-10 mm) --Sport mapping for EDC and DSC --Premium package --Black Extended Novillo leather with contrast stitching in exterior color on seats, headrests, door inserts, armrests, middle console and door pulls.