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Saab gets approval for voluntary reorganization on appeal
Wed, 21 Sep 2011...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.
Cadillac CUE: Intuitive driving in 2012
Tue, 25 Oct 2011General Motors' Cadillac division is hoping to lead the way in intuitive multimedia systems, with the launch of its ‘Cadillac User Experience' (CUE) system, which is set to make is official debut at the forthcoming LA auto show. The product of nearly four years research and development, the CUE project began in 2008 when Cadillac designers rode with 32 consumers for six months to study driver habits. The result is a ‘comprehensive in-vehicle experience that mergers intuitive design with auto industry-first controls and commands for information and entertainment data'.
Opel/ Vauxhall Zafira Tourer
Tue, 24 May 2011Following on from its Geneva motoshow debut, Opel/ Vauxhall have announced that the Zafira Tourer is to head into production. Retaining much of the concept’s overall design, the new Zafira Tourer is heralded as a ‘quantum leap’ from its manufacturers. An extensively re-designed Flex-7 seating system, focus on improved cabin quality and improved materials sees the Zafira elevated in terms of cabin luxury.