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Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.

Mitsubishi Compact Crossover revealed

The new Mitsubishi Compact Crossover Mitsubishi is working to re-align itself in the market place. It wants to be seen as a manufacturer of ‘environment-friendly passenger cars & crossovers’ instead of an SUV focused manufacturer. It sees cars like the i-MiEV, Colt, Lancer, Grandis and Outlander as the future, although it intends remaining in the ‘Authentic off-roader’ segment with cars like the Shogun.

Bentley Continental GTC (2011) first official pictures

Bentley has shown the convertible sister to the new Continental GT coupe: it's the new Conti GTC, due to be unveiled at the 2011 Frankfurt motor show. The Continental GTC Mk2 is entirely in line with the latest coupe - a sophisticated, subtle update to the 2005 original. There's the same smoother front end styling, the more squinty headlamps and a more exaggerated 'power line' with incredibly sharp creases.