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Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.

Suzuki Wagon R and Mazda AZ Wagon

Suzuki and Mazda have released one of the most important Japanese domestic market vehicles in recent years with the fully redesigned Suzuki Wagon R and Mazda AZ Wagon. Although relatively unknown outside the domestic market, with numerous tax breaks and low CO2 emissions, the kei-car (micro mini) is the largest and the most competitive segment in Japan, making up six of the top ten best-selling cars this year. The previous generation Wagon-R was the best-selling domestic passenger car for the last five consecutive years.

VW Polo facelift (2014) first official pictures

By Ollie Kew First Official Pictures 28 January 2014 10:00 Subtle facelift hides bigger changes underneath This is the new VW Polo to face-off the Ford Fiesta and Vauxhall Corsa. The irony in this car arriving stems from the trouble that the German maker has faced in the US – where VW board members have blamed long model cycles with minor facelifts such as this – as the reason why sales fell and its North America boss stepped down late last year. At least the new Polo brings some welcome changes under that barely-changed sheetmetal.