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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.

Aston Martin Vanquish Volante revealed

Aston Martin has unveiled the Vanquish Volante -- a new luxury sports car bringing open-top motoring to the super GT class. Alongside the Vanquish coupe the new convertible tops the British sports car maker's lineup and has all the coupe's features. There's the coupe's 6.0-liter V12 engine and thus the same performance figures, including a top speed of 183 mph.

Mercedes Marco Polo (2014): first pics of Merc's camper van

By Tim Pollard First Official Pictures 10 July 2014 10:51 Mercedes has unveiled its answer to the VW California camper van: the new V-class-derived Marco Polo bijou home on wheels. As the exploratory name suggests, the Mercedes Marco Polo is for adventurous types who want to take their home with them on outdoor trips and camping holidays. Not sure we'd take one from Venice to the Far East though, like its namesake...