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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.

Vauxhall Monza concept (2013) the new high-tech coupe revealed

Vauxhall will unveil its new Monza coupe concept at the Frankfurt motor show in September 2013, exactly 36 years after the original Monza was revealed at the very same event. This sleek new Vauxhall isn’t a retro throwback though – it sports a cutting-edge gas/electric powertrain that promises to be even more frugal than Vauxhall’s own 235mpg Ampera. So the new Monza shows the future of Vauxhall, does it?

New Hyundai i30 Tourer starts production

The new Hyundai i30 Tourer (Estate) has gone in to production in the Czech Republic, extending the range of the new i30. The latest Hyundai i30 is proving to be a proper success story for Hyundai, selling almost 60,000 units in the few months it’s actually been moving out of Hyundai showrooms in Europe. And now Hyundai look set to increase i30 sales further with the i30 Tourer (that’s ‘Estate’ in English, even if Hyundai PR did manage to refer to it as the i30 Wagon in the Geneva press release to the extent we thought they might launch it as the Hyundai i30 Wagon) starting its production run at Hyundai’s facility in Nošovice in the Czech Republic.