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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.

Porsche 911 Sport Classic introduced

Porsche has announced a Limited Edition Porsche 911 that will launch at Frankfurt - The Porsche 911 Sport Classic Porsche has plundered its history to build in to the 911 Sport Classic styling cues from the past. The Sport Classic gets a ‘Duck-Tail’ rear spoiler (thank you, 1973 Carrera RS 2.7) and ‘Fuchs-Style’ alloys (ditto – at least in terms of chronology).  You can also throw in to the mix a double-bubble roof (Carrera GT et al) and black surrounds to the headlights, which is evocative of the 1970s Porsche racers. So having thrown every design cue that fits from its history, what else does the 911 SC get?

Chrysler 300 gets luxury upgrades

The Chrysler Group rolled out its latest entry for the lucrative "black car" market on Tuesday, revealing new "Luxury Series" editions of its flagship Chrysler 300 sedan that add new interiors to recent powertrain additions. The new versions feature leather-wrapped interior components. The vehicles also have heated steering wheels with special die-cast paddle shifters and wood trim, according to a Chrysler statement.