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DRIVERS STIILL LOVE THEIR MGS AND ROVERS

THERE ARE still nearly one million MG and Rover cars on the road, according to a study by the Society of Motor Manufacturers and Traders. These figures demonstrate the longevity of MG Rover cars and the continued success of parts specialist XPart in keeping these highly regarded vehicles on the road. Some models recorded a decline of just one per cent from 2009 to 2010.

Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab 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.

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.