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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.

Aston Martin V8 Vantage S launches

The Aston Martin V8 Vantage S - available as Coupe or Roadster The Aston Martin V8 Vantage S has launched with an extra 10bhp over the regular V8. Just 10bhp more than the regular V8 doesn’t sound a lot, but there is more than just a smidge of extra power to the V8 Vantage S. The extra 10bhp the V8 Vantage S gets is tweaked from the regular Aston Martin V8 Vantage, but there’s also an extra 15lb/ft of torque.

New Land Rover Defender previewed in DC100 Concept

New Land Rover Defender DC100 Concept What to do with the Land Rover Defender is something which has been taxing minds at LR for some time. And the Land Rover DC100 Concept – heading to Frankfurt – is the first stab at publicly showing the direction in which they’re heading. The Dc100 is very much a first draft; an early look at the direction Land Rover are heading with the next generation of the sixty year old Defender.