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Saab enters Court Protection – just as we predicted
Wed, 07 Sep 2011Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.
Kamui Kobayashi canes the Caterham 620 R
Sat, 15 Mar 2014After spending a year in the FIA World Endurance Championship, Japanese driver Kamui Kobayashi has returned to Formula One, nabbing a seat with Caterham. And while Sebastian Vettel is stuck hawking SUVs for Infiniti, part of Kobayashi's duties include flogging the manufacturer's latest evolution of Colin Chapman's bare-bodkin brainchild, the Seven 620R at Silverstone. We anxiously await the inevitable follow-up video where Kobayashi takes the legally-a-keicar Seven 160 for a blat in Tokyo traffic.
Chevrolet Camaro Convertible Concept: first official pictures
Fri, 05 Jan 2007By Tim Pollard First Official Pictures 05 January 2007 12:10 Chevrolet Camaro Convertible: the lowdown GM will slide the covers off this Chevy Camaro Convertible at the Detroit Motor Show at the weekend - and this is one concept that'll definitely go into production. Last year's Camaro coupe has already been given the nod for sales in two years' time, and this soft-top will join the stable later in 2009. The size is identical to the coupe, but the - bright chromed - windscreen mounting is slightly different to accommodate the hood.