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Bernie Ecclestone wants Saab – Spyker make new bid

Bernie Ecclestone is behind the Genii bid for Saab I think if we tried really hard we could be doing at least one story a day on the saga that is the sale of Saab by GM. There’s no point re-hashing the history – if you read here regularly you’ll have had your fill of the story that’s more like a Soap Opera than a business deal, but if you want all the back stories just look under Saab. But now – at the 11th hour – we have two new bits to add to the story.

Geely at Shanghai 2011: Geely MINI Cooper & Geely London Taxi

Geely's take on the London Cab & MINI Cooper Regular readers – in fact anyone who takes notice of car news – will probably recognise Geely as being the Chinese car maker who bought Volvo in 2010. Proper car anoraks may also remember the ‘Chinese Rolls Royce‘, a Phantom ‘Homage’ from Geely that came equipped with a ‘Throne’ in the back to transport a lone plutocrat. It looked a lot like a Russian cold war ZIL meets cartoon Phantom and there was no mistaking it was a Chinese car for a Chinese market.

Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.