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Saab gets approval for voluntary reorganization on appeal

...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.

Mitsubishi Outlander Juro Review & Road Test (2010) Part 2

Mitsubishi Outlander Juro Review Part 2 What we have in for the week is the Mitsubishi Outlander Juro, a Limited Edition model with all the bells and whistles designed as a lead-in for the new Outlander. It’s what you’d normally expect a lead-out model to be, but for some reason Mitsubishi decided a lead-in model was appropriate. Perhaps it was a decision by the same department that decided that the Outlander should be a crossover instead of an SUV?

Chevrolet Corvette C7 Stingray [w/Gallery]

Chevrolet has unveiled its new seventh-generation Corvette, the Stingray, at the 2013 North American International Auto Show. The Stingray's exterior and interior have been completely redesigned from the outgoing model. A stainless steel bar splits the broad grille horizontally at the base of the sleek hood, which is raked with lines and air intake vents.