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Saab enters Court Protection – just as we predicted

Victor 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.

Porsche 918 Spyder hybrid supercar to be built

Porsche's 918 Spyder plug-in hybrid has been given the green light for production. Porsche today confirmed it would build a limited number of cars based closely on the 918 Spyder - making it the spiritual successor to the Carrera GT, albeit with a green edge. Michael Macht, Porsche president and chairman, said: 'Production of the 918 Spyder in a limited series proves that we are taking the right approach with Porsche Intelligent Performance, featuring the combination of supreme performance and efficient drivetrain concepts.

Citroen GT- GTbyCitroen Goodwood update & Video

The GTbyCitroen is definitely dong the Hillcimb at Goodwood. But how quickly? We reported last week on the GTbyCitroen doing a London tour to recreate its Grand Turismo 5 Video game exploits, which we now have on video for you at the bottom of this piece.