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Dramatic design on tap for next-generation model

Jaguar’s next-generation XJ luxury sedan will incorporate design features from the C-XF concept first shown at Detroit, AutoWeek has learned. Although prototypes captured by spy photographers are disguised with BMW-style grilles, the face of the new 2010 XJ will feature Jag’s gaping square grille and a curvaceous body with a rakish, coupelike rear window. The final XJ incorporates slim headlights with double-projector lenses that are very close in design to those revealed on the dramatic C-XF shown at the 2007 North American International Auto Show.

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.

American Suzuki to pull out of U.S. auto market, file Chapter 11 bankruptcy

American Suzuki Motor Corp., beset by low sales, cutthroat competition and unfavorable foreign exchange rates, said it will pull out of the U.S. auto market and file for Chapter 11 bankruptcy protection. The company, in a statement today, said it will continue its motorcycle and marine engine business units and will continue to honor customer warranties.