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Swedish court rejects Saab creditor-protection plea; Saab will appeal
Thu, 08 Sep 2011A 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.
BMW M Car sales keep growing
Sun, 14 Dec 2008Now here’s a conundrum. Why do sales of BMW M Cars keep growing, when every other car maker (bar a couple of exceptions like Audi) are seeing sales decimated? Is it because the cars are so good?
2012 Kia cee’d – first photo
Tue, 10 Jan 20122012 Kia cee'd Ahead of a debut at the 2012 Geneva Motor Show in March, we have the first official photo of the 2012 Kia cee’d, which goes on sale in June. This may be the week of the Detroit Auto Show, but it’s not stopping car makers giving us a taste of what’s in store at Geneva in the Spring. Earlier today we had the Vauxhall Mokka previewed ahead of its Geneva debut and now we get the first official photo of the new 2012 Kia cee’d.