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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.
2013 facelift for BMW Z4 & new Z4 M35i
Sun, 26 Aug 2012BMW are planning to facelift the Z4 for 2013 and add a new M Performance model – the BMW Z4 M35i – to replace the Z4 sDrive35iS. Four years since the current BMW Z4 was launched at the Detroit Motor Show in January 2009, it looks like BMW’s roadster is getting a facelift to keep it fresh, and a new M Performance model – the BMW Z4 M35iS. Changes to the 2013 Z4 are likely to be modest, with the usual facelift fare of new bumpers, new lights, new alloys, titivated ‘more upmarket’ interior and tweaks to the engines to offer more power with better economy and lower emissions.
Bloodhound 1000mph World Speed Record attempt goes carbon neutral. Piffle.
Thu, 25 Oct 2012Richard Noble’s Bloodhound Land Speed Record attempt will now be carbon neutral thanks to sponsorship by Carbon Neutral Investments (CNI). People like Richard Noble – leader of the Bloodhound Project aiming to break the 1000mph land speed record – are made of the same stuff as Spitfire pilots and Biggles, with a gung-ho approach to the inherent dangers and an inability to contemplate failure; British Bulldog Spirit at its best. So it seems almost sad that a proper Boy’s Own adventure like the Bloodhound SSC – a 133,000bhp rocket and jet powered racing car – should bow to trendy PC sensibilities by announcing it’s a ‘Carbon Neutral’ project.