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Saab seeks court protection from creditors
Wed, 07 Sep 2011Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.
Volkswagen Taigun concept (2014): VW’s new baby SUV
Fri, 07 Feb 2014It seems the tailgate-mounted spare wheel could be making a comeback – first Ford launches the EcoSport, now VW has followed suit with this updated Taigun concept. Both cars are small crossover SUVs, aimed at emerging markets, particularly Brazil and India. With the EcoSport appearing in UK dealerships this May, however, we don’t think it will be too long before a production version of the Taigun offers VW’s take on the idea to European buyers as well.
Nissan Resonance [w/Gallery]
Wed, 16 Jan 2013Nissan's Resonance concept has made its world debut at the 2013 North American International Auto Show (NAIAS). The Resonance concept, created by Nissan Design America under the direction of senior vice president and chief creative officer Shiro Nakamura, features the ‘V-Motion', which starts from the tinted acrylic front grille with Satin Chrome accents and moves through the hood, framed by the boomerang-shaped headlamps. A sharp character line feeds from the headlamps above the pronounced wheelarches before dipping and then flicking upwards into the rear lamps.