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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.

Volvo reveals pricing for refreshed 2014 model range

There are quite a few changes in Volvo's lineup for the 2014 model year, perhaps representing the most serious model shakeup for the automaker this decade. For starters, almost all the cars in Volvo's current U.S. lineup have been facelifted with the notable exception of the XC90 SUV, which enters its last model year before it is replaced by an all new truck.

Chevrolet Code 130R, Tru 140S at 2012 Detroit show

Chevrolet's press conference at the 2012 North American International Auto Show was all about youngsters: namely the millennials, or 11-30-year-olds who hold increasing consumer power. GM reckons there are 80 million of them in the US, and they account for $1 trillion of spending power. So it's worth taking them seriously.