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Saab enters Court Protection – just as we predicted

Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.

Nissan Leaf gets battery warranty boost

Nissan Motor Co. plans to bolster the warranty of the battery module in its electric Leaf to reassure consumers of its durability. The company intends to notify current owners and dealers early next year that it will make the warranty retroactive to cover all existing Leafs, offering to repair or replace the car’s lithium-ion battery if it loses more than 30 percent of its ability to hold a charge after five years or 60,000 miles.

Brian Wilson on the Beach Boys' car songs

Brian Wilson, the musical giant behind so much of the Beach Boys great music, sang at the Petersen gala in Los Angeles last week, and there were plenty of songs about cars and drag racing in the mix. "We're going to do a series of car songs because this place has a lot of cars," Wilson announced before leading his 10-piece band into "Little Deuce Coupe," "409," "All Summer Long" and "Shut Down." The band played to a packed house at the museum's annual fundraiser. Wilson's set was surely the most entertaining in the Petersen's 15 years of fundraising galas.