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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.

New-car smell less toxic but not safe, Ecology Center says

The Ecology Center released its fourth consumer guide to toxic chemicals last week, and the news is better. The amount of volatile organic compounds (VOCs) in new cars has decreased, but we still have a ways to go. VOCs in plastics and flame retardants have been linked to a variety of acute and long-term health concerns.

Alfa at the Paris motor show 2008

By Ben Barry Motor Shows 02 October 2008 20:29 It’s all quiet at Alfa, but that doesn’t mean there’s nothing to look at. The girls are of an even higher standard than those over the road at Fiat, while the 8C Spider – standing proud in pearl white amid a sea of red – and the recently revised 159 look stunning. We’ve seen the updated saloon and sportwagon a while back, but seeing it in the metal under the spotlights just reinforces how breathtakingly handsome it is.