Decal Port Red / Yellow / Green / Black 104" X 9 1/2" Marine Boat on 2040-parts.com

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 releases sketch of U.S.-made sedan

Volkswagen of America has released a sketch of its new mid-size sedan that will go on sale in the fall of 2011 as a 2012 model-year car. The factory currently being built by VW in Chattanooga, Tenn., will start producing cars in the spring of 2011. Sales of the mid-size sedan will be at least 100,000 units annually at full capacity.

Peugeot RC hybrid concept

Peugeot is poised to reveal the latest in its ‘RC' range of concept cars at the Paris Motor Show in October. Continuing on from the RC Spade and RC Diamond concept cars unveiled at the 2002 Geneva Motor Show, the as yet unnamed concept also follows on from the 908 RC V12 diesel concept of 2006. Designed by a team led by Peugeot head of design Jérôme Gallix, the four door, four seat sedan is claimed to be an accessible and versatile eco-efficient GT coupé.