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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.

Ford 'video snack' makes technology more appetizing

Whether you opt for it or not, many cars sold today come loaded with technology. Some drivers are savvy and learn how to navigate many of the features right away; others drive for months or even years before they crack the code of their vehicle's capabilities. Ford's new video snack approach presents a palatable method of teaching new car owners all they want to know about their new vehicle.

Is Lamborghini’s ‘Super Sports Car’ a road-going Gallardo Super Trofeo?

Lamborghini teased a new ‘Super Sports Car’ for Frankfurt last week, and we mulled over the possibilities of what Lamborghini were going to reveal. But what we didn’t consider was a last-hurrah for the Gallardo in the form of the Lamborghini Gallardo Super Trofeo. We speculated that Lamborghini may be taking a production version of the Sesto Elemento to Frankfurt.