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Saab seeks court protection from creditors

Saab 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.

VW designer de'Silva pens a Leica camera

Leica, the German camera maker, introduced the Walter de'Silva-designed Leica M9 Titanium edition camera recently at Photokina, the biannual photo gathering in Germany. De'Silva, head of design for Volkswagen and responsible for designing the Audi A5 and Volkswagen Scirocco, took Leica's original M9 camera and created the M9 Titanium. De'Silva employed his Audi design team to assist in the project.

Mercedes-Benz A-Class concept

The A-Class concept from Mercedes-Benz is set to make its debut at both the Shanghai and New York auto shows later this month. A distinctively aggressive development over the outgoing model, the A-Class concept is said to draw on the 'defined edges and free interplay of surfaces' first demonstrated with the F800 Style. The taught muscularity of other Mercedes models is also translated onto the show car.