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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.

Top Gear: Just like Milli Vanilli, says Elon Musk

The Top Gear boys do their best Milli Vanilli impression The ongoing spat between Top Gear and Tesla – mainly in the form of CEO Elon Musk – is still rumbling on. In fact, it’s starting to get a bit silly. You know the background; Top Gear did a review of the Tesla Roadster and implied it had a range of just 55 miles (although they did say that was on the Top Gear track), said that the motor overheated and reduced power (which they ‘illustrated’ with the Tesla slowing on a darkened track) and said the brakes broke (when a fuse had gone).

'Snake & Mongoose' movie review

There's another great motorsports rivalry being celebrated cinematically this month -- while "Rush" grabs all the global headlines, the drag racing biopic "Snake & Mongoose" has all the same elements that drove Lauda and Hunt -- minus the world stage. Hard to believe, but professional drag racing wasn't always a glamorous, high-budget affair with corporate hospitality suites and top drivers flying to races in private jets. "Snake & Mongoose" takes us back to an era when drivers needed that $500 win money to buy gas to get to the next race -- and held grudges against track owners who only paid $400.