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Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection

Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.

70-year-old Bugatti Type 64 chassis gets a body, the old-fashioned way

In a workshop north of Detroit, craftsmen have been at work for months pounding pieces of aluminum into panels. The panels will eventually cover a Bugatti chassis that has been bodyless for more than seven decades. Three Bugatti Type 64 Coupe chassis were built in 1939 by Jean Bugatti, and two of them got bodies before Bugatti was killed while testing the Le Mans-winning Type 57 C “Tank” in August 1939.

Mercedes plots McLaren buyout

By Georg Kacher Motor Industry 04 October 2006 09:00 DaimlerChrysler is planning a bid for the McLaren Group, to gain full control of its F1 operation and production of the SLR supercar. CAR Online asked DC boss Dieter Zetsche if he was considering extending Mercedes' stake in McLaren, to give the Germans control. 'It's one of the options we might exercise,' he said.