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Saab gets approval for voluntary reorganization on appeal
Wed, 21 Sep 2011...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.
Rolls-Royce debuts Ghost Series II at Geneva motor show
Tue, 04 Mar 2014The Rolls-Royce Ghost has been with us for five years, and for 2015 the company has treated the sedan to a number of design tweaks inside and out, and has brought the refreshed Series II Ghost to the Geneva Motor Show this week. The changes to the outside are hard to spot at first, and Rolls-Royce readily admits that the revisions that have been made to the exterior are rather subtle. By far the most obvious visual difference, one that will help identify this as a Series II sedan, are the headlights which have been treated to a redesign, and are no longer perfectly rectangular.
New Renault Clio arrives
Tue, 03 Jul 2012The new Renault Clio has been revealed ahead of a debut at the Paris Motor Show with a new look and five doors. Although it’s still based on the underpinnings of the current Clio, the new Renault Clio is a lot more than a facelift of the current car. For a start, it comes as a five door only, with the back door handles hidden so it looks like a three door, and gets a bold new style that’s been influenced by the Renault DeZir Concept with a new corporate nose featuring a big front grill and Renault badge and big, swoopy crease lines down the doors.