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Pininfarina could produce Sergio concept

Pininfarina may produce a few examples of the Sergio concept we saw at the Geneva motor show for a few well-heeled buyers with about $3.9 million in liquid assets. “We are considering a very limited run of five to six units," Pininfarina CEO Silvio Angori told Automotive News Europe. The Sergio is based on the Ferrari 458 Italia, and uses the same drivetrain including the 562-hp V8 and seven-speed dual-clutch transmission.

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.

Nissan to pull Infiniti production out of Japan to counter strong yen

The high value of the yen will prompt Nissan Motor Co. to shift production of Infiniti vehicles out of Japan to other locations, Nissan CEO Carlos Ghosn said. "You won't have to wait a long time before we make a decision about the new base for sourcing of Infiniti," Ghosn told a group of reporters April 4 during the New York auto show.