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Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

Is Mercedes preparing to buy Ducati?

Remember the AMG-Ducati deal made at the 2010 Los Angeles auto show last month? A partnership of like-minded brands, albeit on two wheels and four. Daimler marketing types reckon that buyers of its AMG go-faster cars could in many instances be equally interested in go-faster motorbikes of the sort Ducati specialise in, and vice versa.

Mazda MX-5 Kuro Special Editions

Mazda has released yet another special edition MX-5 for the UK market in the guise of the Mazda MX-5 Kuro.  Yes, it’s yet another special edition MX-5, this time the Mazda MX-5 Kuro which comes as either a 1.8 litre soft top or a 2.0 litre Roadster Coupe. It seems the Japanese like the idea of ‘Black’ Special Edition cars as much as we do in the West (Kuro means black in Japanese), with the last ‘Kuro’ special being the Nissan Juke Kuro. But oddly Mazda are offering the MX-5 Kuro not just in black but also in Velocity Red Mica and Crystal White Pearlescent, with the ‘Kuro’ bits referring to the Brilliant Black roof, door mirrors and dark gunmetal 17″ alloys.