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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.

One Lap of the Web: a lap of the 'Ring, a lap of the YouTubes and a lap of the eBays

-- The Porsche 918 achieved a spectacular and borderline-unbelievable time just a few days ago, but here are some less heroic cars lapping the 'Ring, like Peugeot 205s, modern BMWs and a few bikes mixed in for good measure. Check out the classic Heckflosse (fintail) Mercedes-Benz at 2:05. -- Filmmaker Casey Neistat filmed, umm, a pretty good commercial for the new Mercedes-Benz CLA, but it's the making-of video that's even more fun to watch.

Jalopnik and Drive host 'Livesketching with J Mays'

Ford's Chief Creative Officer, J. Mays is the subject of a 'Livesketching' interactive video, co-hosted by Drive on YouTube and Jalopnik. The Q&A, presented by designer Jason Torchinsky (himself no slouch with a Sharpie and a flip chart), gave the rare opportunity to quiz the creator of the Audi Avus concept, modern VW Beetle and Mustang and one of the major influencers behind Ford's design strategy.