Victor C32080 Thermostat Housing Gasket on 2040-parts.com

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

Preview: Fisker Surf

Fisker has released the first image of its new Surf vehicle, set to debut at the 2011 Frankfurt motor show. Focusing on continuing with the company's philosophy, 'Pure Driving Passion' - the electric vehicle with extender range is said to be akin to the Fisker Karma sedan, but Fisker has intriguingly promised a new twist. Other than this and the sole image of the Surf, details of the car have been kept secret in the build-up to this year's Frankfurt motor show. CDN will be bringing you all the details and pictures from the show next week.

Saab 'to enter the WRC in 2012' with new 9-1

Saab is rumoured to be returning to rallying after a long hiatus. The new owners of Saab have reportedly been in negotiations with the organising body behind the World Rally Championship and hope to sign a deal to compete with their upcoming 9-1 small car.After the mass departure of many of the main players a few years ago, the WRC looked down and out. However, the 2012 season is shaping up to be a return to form.