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Ford posts $2.1 billion profit on rising sales, lifts production plan

Ford Motor Co. posted net income of $2.1 billion in the first quarter, almost twice the figure projected by analysts, fueled by a 37 percent rise in U.S. sales.

One Lap of the Web: More McLaren P1 madness, Nissan's cute Le Mans engine and get weird in a Subaru SVX coupe

-- We drove the 2015 McLaren P1. We liked the 2015 McLaren P1. And in that sense, we've very much like Jay Leno, who toured the hypercar's hyper-futuristic factory in Woking, England before putting it through its paces on the track.

Saab gets approval for voluntary reorganization on appeal

...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.