Advanced Engine Design 3.5 Power Valve on 2040-parts.com

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.

VW debuts Twin Up! Concept at Tokyo Motor Show

Volkswagen introduced the newest member of the XL1 family at the Tokyo Motor Show, the Twin Up! Essentially the plug-in hybrid version of the Up!, this four-seater concept car shares some of its drive system with the Volkswagen XL1 including its dual-clutch automatic transmission, diesel engine and electric motor. The Twin Up!

Survey highlights increased consumer appetite for in-car technology

Spanish telecommunications firm Telefonica has issued its second annual report on connected car technologies. Its study looked at public expectations of in-car tech in the cars of today and tomorrow. Participants were queried about such technologies as social media, telematics, on-board diagnostics and early warning systems, revealing that connected car tech was already influencing purchasing decisions.