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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.

New Kia Soul EV on sale in UK by end of 2014

The new Kia Soul EV will be on sale in UK by end of 2014 We knew there would be a Kia Soul EV by 2014, but we didn’t know whether Kia UK would offer it in the UK. But they will. Yaser Shabsogh, Kia’s UK Commercial Director, has confirmed that the electric Soul will be offered in the UK, but not until the end of 2014, some months after the arrival of the new Soul in early 2014.

Chinese Grand Prix (2014): RESULT

Chinese Grand Prix (2014): RESULT Qualifying for the 2014 China Grand Prix yesterday saw a much more level playing field than we’ve seen so far this year thanks to a rain-soaked track. But that didn’t stop Lewis Hamilton taking an easy pole (although the Red Bulls of Daniel Ricciardo and Sebastian Vettel squeezed Nico Rosberg in to fourth place) and, true to current form, Hamilton flew away to win the Chinese Grand Prix and Nico Rosberg, after dropping to sixth place after a poor start, fought back to make this another Mercedes one-two. Hamilton’s drive was a crushing one – he pulled away strongly from the start and cruised to the win – but it was livelier behind.