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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.

Renaultsport Clio (2012) surprises Goodwood

Renault surprised festivalgoers at Goodwood over the weekend when it sent the new 2013 Renaultsport Clio up the hill. The prototype hot Clio appeared twice at the Festival of Speed, driven by chief operating officer Carlos Tavares. Renaultsport Clio at Goodwood Festival of Speed 2012 The go-faster Clio was still wearing its prototype disguise when it went up the hill late on Friday and Saturday, as the crowds were thinning.

Skoda Octavia (2013): first official pictures

This is the new 2013 Skoda Octavia. For its third generation, the Octavia gets its cleanest, most efficient engines yet and the full gamut of tech upgrades available on the new Mk7 Golf - all wrapped up in a more sober, Czech-style package. The new Octavia is also lighter than the old car and, with the arrival of the mid-sized Rapid, has grown from family hatch proportions to fight the Ford Mondeo and Vauxhall Insignia.