KoenigSaab coming soon?

Koenigsegg are in the running to take over Saab Saab were given Swedish Government protection recently (similar to Chapter 11) to try and find a suitor or funding to operate independently. Of course they can’t do that completely, at least not in the short term, as they are so tied in to GM’s platforms on their current and soon to be released cars. But Saab has a strong – if quirky – history and, with the right backing, could stand alone as a niche maker of aesthetically individual cars.

Porsche CEO likely to bow to pressure to leave, report says

Porsche CEO Wendelin Wiedeking is likely to bow to pressure from the Porsche family to step down, a German newspaper report said on Wednesday. Business daily Handelsblatt said that the two parties had already reached agreement that the chief executive should go and that a formal decision could come by Thursday, when the company's supervisory board meets. The newspaper also said, however, that Wiedeking would fight to keep his job.

Volvo drops plans to compete in the luxury F-Segment car market

In fact, at the Shanghai Motor Show in 2011, Volvo delivered the Concept Universe car which we all though was pointing the way to what could be a Volvo S90; Volvo’s luxury car for Chinese plutocrats. It sported a rather strange ‘East meets West’ design language with a very odd nose and lots of curves, and it wasn’t exactly showered in plaudits. But that didn’t stop Volvo coming back at Frankfurt in 2011 with an altogether more convincing concept – the Volvo Concept You – that sported a much clearer vision for a future luxury Volvo.