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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.

Mercedes SLS AMG Gullwing testing Video

Mercedes Benz has released footage of the SLS AMG testing But I suppose if there’s enough interest in a car, and the pictures are appearing anyway, you may as well do it yourself and put the car across as you want it. But Mercedes Benz has now gone one better – the Official Spy Video! Yes, footage direct from Mercedes of the SLS AMG testing in full disguise.

Australian Grand Prix (2013) RESULT

A rain delayed qualifying ultimately saw a Red Bull front row for the 2013 Australian Grand Prix. Did the race see Red Bull follow on from 2012? The start of the 2013 Grand Prix circus saw a rain-delayed qualifying in Melbourne, but when the clouds cleared and qualifying was completed it was Red Bull dominating – Vettel on pole, Webber alongside – with Lewis Hamilton in the Mercedes taking third and the Ferraris of Massa and Alonso in fourth and fifth.