Saab plea for Court Protection dismissed – owes €150 million to creditors

Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.

Lotus V8: the new engine plan in full

Lotus has confirmed details for its new inhouse V8 engine family, which will make its first road car appearance in the 2013 Esprit. Responding to feedback which said the 'New Era' plan to launch five new models was weakened by its reliance on Toyota engines, the new management team decided last Christmas to design and develop its own engine. 'The feedback from customers was "how can you justify a £100,000 car with a Toyota engine?",' said chief executive Dany Bahar.

Jaguar XJ facelift (2007) first news and photos

By Ben Barry First Official Pictures 08 March 2007 12:31 The supercharged XKR might have only recently pounced from the starting blocks, but Jaguar has already announced a special edition at Geneva - the XKR Portfolio. While mechanical specifications are almost entirely as per the original model, the Portfolio boasts unique Celestial Black paint, upgraded interior trim and a Bowers and Wilkins stereo system. Power remains unchanged at 420bhp.