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Saab plea for Court Protection dismissed – owes €150 million to creditors
Thu, 08 Sep 2011Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.
New 2014 MINI – Details revealed ahead of debut in November
Mon, 30 Sep 2013New 2014 MINI – Details revealed ahead of debut in November As well as new engines, the new MINI will get new transmissions too with the manual option getting a gear sensor to match engine speed when changing gear and the auto ‘box coming with stop-start and input from the SatNav to make sure the car’s in the right gear for the road and terrain. MINI has also updated the chassis with adaptive dampers on offer with two settings – Sport and Comfort – so the MINI can be set up for a blast or a cruise at the flick of a switch. There’s still multi-link suspension at the back, although it’s been heavily reworked, with a wider track all round, variable resistance electric power steering and active rotational damping to keep torque steer in check.
Jason Castriota to head Saab Design
Thu, 24 Jun 2010When Car Design News spoke to Jason Castriota about the new design consultancy he had set up in New York and Turin back in March, the designer told us he was working on a very exciting automotive project that he couldn't talk about at the time. It turns out that automotive project was for Saab, as last week the Swedish automaker announced it had hired Jason Castriota Design to oversee the development of a new generation of Saab products – the first to be completed under the tenure of its new owners, Spyker. Castriota's new appointment marks the shift from Saab's former position – where the brand was an integrated company within GM – to its newfound placement as an independent automaker, with Castriota essentially filling the role previously occupied by Mark Adams, GM Europe's Vice President of Design.