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Saab enters Court Protection – just as we predicted
Wed, 07 Sep 2011Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.
Peugeot Exalt Concept at the Paris Motor Show in Euro-Spec
Fri, 05 Sep 2014The European version of the Peugeot Exalt Concept With the Paris Motor Show now looming (just four weeks away) car makers are starting to reveal new cars and new concepts heading for the French capital. Today it’s the turn of Peugeot to reveal an updated version of the Exalt Concept we saw at the Beijing Motor Show in April. The Peugeot Exalt Concept is Peugeot’s next step on from the Onyx Concept, showcasing many of Peugeots’ future design cues and technology all wrapped up in a swoopy coupe saloon that sadly will never see the light of day as a production model.
Last Lamborghini Diablo to cross the block at Barrett-Jackson auction
Thu, 19 Jan 2012At the Barrett-Jackson Scottsdale Auction on Saturday, the last Lamborghini Diablo 6.0 VT SE ever made will go up for auction with no reserve. In 2001, Lamborghini wanted to send off the long-lived Diablo properly and issued 40 Special Edition Diablo 6.0 VT SEs to end the line. Car No.