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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.
Ford Fiesta Sport package announced
Mon, 04 May 2009Ford Fiesta Sport - a sport package with teeth for the new Ford Fiesta Sadly, the Ford Fiesta Sport is not a performance package. But, unlike almost every other ‘Sport’ version from car makers on the market, it is not just a cosmetic job either. It genuinely offers something more sporty, and adds a few additional features that will make life a little more fun for those of us who enjoy spirited driving.
Range Rover Evoque launches in China – Hello Beijing
Wed, 09 Nov 2011Range Rover Evoque launches in Beijing Land Rover may have bit of a shortage of parts for the new Range Rover Evoque, which is reportedly causing some delays for UK Evoque deliveries, but they’re still pushing on with launching the Evoque across the world. And this week it’s China, with the tag line ‘Hello Beijing’ attached to the launch. Last week Land Rover were out in India to launch the Evoque, with the Indian market getting the full range of Evoque models – that’s coupe and five-door with a choice of TD4 and SD4 diesels and the Si4 Ecoboost petrol.