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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.

Jaguar XFR & Jaguar XKR – UK Debut

The Jaguar XFR - together with the Jaguar XKR - gets a UK début at MotorExpo 2009 in June The XFR and the XKR will both début at the London MotorExpo 2009, which takes place in Canary Wharf from 8-14 June. Which is probably the best venue Jaguar could come up with (apart from perhaps Salon Prive or the Top Gear Show) as we don’t have a Motor Show any more. Still, the plus is that MotorExpo is a free entry event, which helps, and Jaguar are expecting around 350,000 visitors, which is not too shoddy.

Chevrolet Volt (2007): first official pictures

By Ben Oliver First Official Pictures 07 January 2007 03:24 Don't tell me – it's another me-too green car concept that's too expensive and complex to ever be made… Not quite. For a start it's an entirely new concept, and important enough to be General Motor's biggest news from the Detroit show. An electric motor drives the front wheels.