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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.

Hyundai reveals i-oniq concept teaser

Hyundai has hinted at its future design direction with this single teaser shot of its ‘i-oniq’ concept car. Further details will be revealed in the run-up to next March's 2012 Geneva show, but judging by this glimpse, the concept will take the form of a large coupe with a hatchback tail. It stops short of the full shooting-brake silhouette, but there’s a hint of Brera in the curvature of its rear end. ‘Two strong arched curves define the silhouette of i-oniq, creating a playful contrast between the sharp character lines and soft but muscular features’ says Thomas Bürkle, Hyundai’s European Chief Designer.

Lexus CT 200h by Fox Marketing gets 300bhp

Lexus CT 200h by Fox Marketing gets a Supercharger and 300bhp You may recall, at the end of last month, we reported on the Lexus CT 200h by Fox Marketing, a pimped and tarted Lexus CT 200h which was going to feature a supercharger bolted to its HSD. At the time we had precious little detail beyond a photo of a CT 200h being endowed with go-faster body and primed for a paint job. But now, with the reveal at the New York Motor Show, we have a little more.