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Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.

Mercedes-Benz Concept S-Class Coupe stars at the 2013 Frankfurt Motor Show

Mercedes is on a luxury drive here at Frankfurt 2013, displaying many different versions of its ‘best car in the world’ S-Class saloon, as well as this: the Concept S-Class Coupe. It’s a massive two-door, four-seat coupe based on the S-Class that combines luxury and style. Over at the Bentley stand, the Continental GT is quaking in its boots…

McLaren MP4-12C – Testing video

We have video of the McLaren MP4-12C out testing We had a real flurry of activity last year with reveal of McLaren’s first real new road car since the mid ’90s – the McLaren MP4-12C. Yes, we had the McLaren Mercedes SLR until last year, but that was best described as McLaren’s efforts to make a Mercedes, bloated, corporate concept of a supercar work. It wasn’t really what McLaren are about, which is cutting edge technology in a lightweight clothing.