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Saab plea for Court Protection dismissed – owes €150 million to creditors
Thu, 08 Sep 2011Saab 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.
Electric wire eases closing of Corvette Stingray hatch
Tue, 12 Feb 2013A single piece of wire makes closing the hatch on the 2014 Chevrolet Corvette Stingray easier. Tucked behind the rear fascia, the alloy wire changes shape when an electric current heats it up. The wire returns to its previous shape when it cools.
Mitsubishi upgrades the Outlander Sport
Mon, 22 Jul 2013The base version of the 2014 Mitsubishi Outlander Sport will cost $19,470, not including destination. The Japanese company is touting the SUV as being American made due to its birthplace in the funnily named Normal, Illinois. All-wheel-drive models start at $22,070.