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Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection

Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.

Nissan 370Z unveiled at LA Auto Show

By Ben Pulman Motor Shows 19 November 2008 17:10 Nissan pulled the wraps of its new 370Z coupe at today’s LA Auto Show, and confirmed that a Roadster version will arrive within the next 12 months. Topping the list of 370Z talking points are a shorter wheelbase, a larger engine, a seven-speed automatic and the world’s first rev-matching six-speed manual gearbox. Nissan dubs it the ‘SynchroRev Match’ function (they would, wouldn't they?), and it essentially blips the throttle to smooth out any shifts.

Multi-Million Euro Results At Coys Classics Auction

THE MONEY flowed thick and fast at the recent Essen Techno Classica classic car show, as Coys auctioneers sold some important cars for significant sums of cash. Headline-grabbing cars included a 1972 Ferrari 365 GTB/4 Daytona Berlinetta that went for €487,305, a 1963 Bentley S3 Continental “Flying Spur” for €170,825 and a 1965 Ferrari 330GT 2+2 for €167,468. Other important classic cars that went under the hammer were a 1962 Jaguar E-Type Series I 3.8 Litre Roadster for €112,637 and a 1937 Bentley 3½ Drophead Coupe by Barker for €109,280.