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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.

Honda's Asimo robot celebrates its 10th birthday

Way back in 2000, after 14 years of research, ASIMO was born 31 October. It might have been another three years before Honda's humanoid robot was unveiled to the public, but to celebrate the landmark date ten years on, Honda has launched a website dedicated to the robot and all it has achieved over the past decade. Not heard of ASIMO?

2014 Fiat 500 UK price and specs – costs from £10,160

The 2014 Fiat 500 arrives in the UK It’s hard to update a car that’s already a pastiche of an original, so Fiat has been very cautious with the updates for the Fiat 500 for 2014, although there are some welcome improvements. One modern change is the arrival of a 7″ TFT digital instrument display – standard on the 500S and 500 CULT and optional on 500 Lounge versions – which does a good job of mimicking the 500′s analogue instruments but with a central section that can be configured to display stuff like trip information and allows for more detailed information on everything from gear shifts to SatNav info (where specced). The biggest mechanical update comes with the arrival of a 104bhp version of the 0.9 litre TwinAir engine promising 0-62mph in 10 seconds (and it’ll feel a lot quicker) and official economy of 67.3mpg (you’ll get a lot less).