Mini Cooper Mk1 Mk2 Silver Brocade Rear Parcel Shelf on 2040-parts.com

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.

GMC adds Denali trim and a larger V6 to the Terrain for 2013

The GMC Terrain crossover gets an upscale Denali trim level and a larger, more powerful V6 engine for the 2013 model year, General Motors said on Wednesday. The 2013 Terrain goes on sale this fall. The new V6 displaces 3.6 liters and is rated at 301 hp and 272 lb-ft of torque.

Mini and BMW M get new leaders

The overseer of BMW’s vaunted M division is taking another spin in the driver’s seat at Mini. Longtime company executive Kay Segler will take over stewardship of the iconic small-car brand on May 1. He previously led Mini from 2004 to 2008.