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Saab plea for Court Protection dismissed – owes €150 million to creditors
Thu, 08 Sep 2011Saab denied Court Protection - there seems no way out We hoped Victor Muller had found a way out of Saab’s financial woes by applying to the Swedish Courts for protection from its creditors while it waited for funds from China to arrive. But the application has hit a brick wall. The district court in Vanersborg said in a statement that there was no reason to believe protection and reorganisation would work for Saab.
Lexus LF-Gh concept (2011) first official pictures
Tue, 12 Apr 2011Lexus has released additional details of the LF-Gh concept, due to be unveiled at next week’s 2011 New York motor show. Unlike our earlier story, the latest information includes some clear images of the LF-Gh in its entirety… The Lexus LF-Gh concept looks angry from the front, doesn’t it? Indeed.
BMW X4 confirmed for production in 2014
Mon, 16 Jan 2012More details have emerged about BMW's forthcoming X4. As previously reported by CAR, the new 2014 X4 is in essence a baby X6 - a sort of squashed coupe-cum-4x4 to appeal to outward-going types. Now Frank-Peter Arndt, BMW's board member in charge of production, has confirmed the new BMW X4 will be built at Plant Spartanburg in South Carolina, USA.