Ford Truck Instrument Cluster With Speedometer F100 F250 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.

Spied: Cadillac ATS-V and a production 2013 Cadillac ATS on the road

Autoweek reader Christina McNeal shot these photos of a 2013 Cadillac ATS out cruising the highways of Michigan. General Motors' BMW 3-series fighter was finished in a metallic dark blue and wore manufacturer plates. According to its badging, it was powered by Cadillac's 3.6-liter six.

Porsche names new motorsports chief for North America

Jens Walther has been named president and CEO of Porsche Motorsport North America, the automaker said Friday. Walther, 41, will take over for Paul Ritchie, who has retired. Walther managed Porsche’s One-Make Cup program before his appointment.