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Saab plea for Court Protection dismissed – owes €150 million to creditors
Thu, 08 Sep 2011Saab 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.
Jason Castriota to head Saab Design
Thu, 24 Jun 2010When Car Design News spoke to Jason Castriota about the new design consultancy he had set up in New York and Turin back in March, the designer told us he was working on a very exciting automotive project that he couldn't talk about at the time. It turns out that automotive project was for Saab, as last week the Swedish automaker announced it had hired Jason Castriota Design to oversee the development of a new generation of Saab products – the first to be completed under the tenure of its new owners, Spyker. Castriota's new appointment marks the shift from Saab's former position – where the brand was an integrated company within GM – to its newfound placement as an independent automaker, with Castriota essentially filling the role previously occupied by Mark Adams, GM Europe's Vice President of Design.
Nissan Qazana (2010) caught testing
Mon, 14 Dec 2009The Nissan Qazana shot testing - complete with what looks like bin-bag disguise I know, it’s not the easiest thing to work out from the picture above, but this is Nissan’s sub Qashqai Crossover – the Nissan Qazana – caught out testing recently. Which goes to show that the Qazana is well on track for amid 2010 launch and production at Nissan’s Sunderland plant. The Qazana – when it debuted at Geneva this year – was a daring concept, to say the least.