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Saab enters Court Protection – just as we predicted

Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.

Hyundai's record year – can it continue? (2013)

Hyundai’s metamorphosis is complete – it’s now one of the ten most popular car brands in the UK, and the first Korean manufacturer ever to crack into the Premier League of UK car buying habits. Sales in 2012 soared by 18.1% to 74,000 units, while its Kia sister brand scored 66,000 registrations last year, according to the new SMMT figures out this week. The Korean double-act isn’t just a thorn in the side of the established French mainstream brands: it’s killing them off completely.

Mini JCW convertible (2009): first official pictures

By Ben Whitworth First Official Pictures 10 February 2009 12:07 The new UK-built John Cooper Works Convertible will take centre stage on the Mini stand at the Geneva motorshow in February. Priced at a hefty £23,470 and on sale at the end of March, the convertible features the same chassis and powertrain tweaks as the JCW tintop. You’re right – that kind of money can get you into some pretty amazing metal these days, as you’ll see in the latest issue of CAR.