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Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab 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.

Chevrolet Spark first official pictures

By Ben Whitworth First Official Pictures 10 February 2009 10:05 When it goes sale in the UK in January 2010, Chevrolet will pitch its Spark supermini at well below the £7000 mark to undercut its Hyundai i20, Suzuki Swift and Ford Ka rivals. The Matiz replacement will make its global debut at the Geneva motor show in March, and these are the first images of the car’s rear and cabin. Correct.

Drivers unmoved by electric cars

SUPPORT for electric cars appears to be failing to spark off real interest from drivers, according to a survey of more than 3,000 motorists. Only 1% of UK drivers own an alternative fuel vehicle (AFV), while CO2 emissions are at the bottom of the checklist when Britons are shopping for a new car, the poll by Auto Trader found. Since January 2011, motorists have been eligible for up to £5,000 upfront cost relief on the purchase of a new electric vehicle but the survey showed that 35% of drivers were unaware of this grant.