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Saab gets approval for voluntary reorganization on appeal
Wed, 21 Sep 2011...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.
BMW Concept Active Tourer Outdoor arrives. It carries bicycles.
Thu, 11 Jul 2013BMW Concept Active Tourer Outdoor (pictured) carries bicycles We’ve already had a preview of BMW’s ‘Green’ take on the new FWD 1-Series with the Concept Active Tourer ahead of the Paris Motor Show last year, and now we get the ‘butch’ take on the same theme – the BMW Concept Active Tourer Outdoor. But unlike most car makers, who make their pseudo off-road saloons ready for the great outdoors with raised ride height and bolt-on plastic cladding, all BMW seem to have done is fit the Tourer Outdoor with a bicycle carrying system. But unlike most bicycle carrying systems that bolt the bikes to the back of the car, BMW’s system puts the bikes under cover in the back on built in, retractable carriers.
Nissan 'Art of Mobility' sculpture unveiled by Rigoletti Casa De Diseño Institute [w/video]
Tue, 14 Feb 2012The Rigoletti Casa De Diseño Institute of Transportation Design's first full-size vehicle sculpture, sponsored by Nissan Design America, has been unveiled. For the past six months design students from Rigoletti and designers from NDA have collaborated to create the ‘Art of Mobility'. The students' goal was to capture the future of Nissan's brand character through line, form, and iconic shapes so it would be a conceptual representation of Nissan's Latin American future design philosophy.