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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.

BMW 1 Series M Coupe: Official

BMW 1 Series M Coupe Official The tease for the BMW 1 Series M Coupe really ended yesterday when we brought you the final part of BMW’s interminable tease to reveal the clumsily-named M car for the 1-Series. But yesterday was only a final tease, not the official reveal. That we get today with official specs and a chunk of photos of BMWs new hot 1-Series.

Subaru VIZIV Concept & new Subaru Forester at Geneva 2013

Subaru are debuting a new crossover/SUV concept at the Geneva Motor Show as well as the new Subaru Forester and Outback diesel CVT. Subaru are heading to the 2013 Geneva Motor Show with a new crossover concept  - Subaru VIZIV Concept – but has failed to give us any real information. So we don’t know if the VIZIV (the name is supposed to mean ‘Vision for Innovation) is a replacement on the way for a current Subaru, or an all new car.