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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.

Spyker Supercar & Spyker ’911′ at Geneva 2013

It seems that Victor Muller is planning not just a Spyker ’911′ for Geneva, but a Spyker ‘Supercar’ with oodles of power too. We discovered last year that Victor Muller has picked up the reins at Spyker once more, dragged in some investment from China and was working on the return of the Spyker D8 Peking-Paris super SUV (that started life as the D12). But, as this is Victor Muller, there are more grandiose plans in play.

AM DBS becomes the new Aston Martin Vanquish

The new Aston Martin DBS debuted at Villa D’Este as the Project AM310. But it’s going to be the new Aston Martin Vanquish when it arrives. It’s a problem we all face: What do we call our new offspring?