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Saab gets approval for voluntary reorganization on appeal

...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.

Mercedes prices SLS AMG Black Series and C63 Edition 507

Mercedes-Benz priced two of its hottest models last week, the 2014 SLS AMG Black Series and the C63 AMG Edition 507. The gullwing will come in at stratospheric $276,800. The more earthbound C63 sedan will sticker for $70,925, and the coupe is $73,452.

Infiniti Q30 concept debuts before Frankfurt auto show

A concept of the new Infiniti Q30, a crossover hatchback that will go on sale in the US in 2015, has been unveiled ahead of a Frankfurt motor show debut. Based on new front-drive platform developed by Mercedes-Benz for its A-class family, the Q30 features a slightly raised ride height, sweeping roofline and confident styling, all aimed at winning sales from younger buyers who are predicted to make-up 80 per cent of global luxury car-buyers by 2020. 'The shape of the Infiniti Q30 concept deliberately challenges categorisation.