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Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection

Saab (NEVS) loses right to use Saab name – NEVS gets creditor protection Just a few weeks ago we reported that Saab and its new owner National Electric Vehicles Sweden (NEVS) were once again up against it with an unpaid supplier filing for bankruptcy. Since the, Saab has been thrown a lifeline by the Swedish courts, and a big kick in the teeth by Saab AB. NEVS right to use the Saab name (although not the Griffin logo) was granted by the owners – the defence firm Saab AB – but in light of NEVS financial predicament that right has been withdrawn.

Chrysler Shakes Up Design Leadership

A recent shuffle of Chrysler Group's design team could be just what the company needs to effect a quick turnaround after bankruptcy, industry analysts say. The automaker has promoted three men from within to head design for its Chrysler, Dodge and Jeep brands. These freshly created positions - part of a broader restructuring effort - will report to Ralph Gilles, senior vice president of product design.

Lamborghini Urus SUV to cost £135,000

It’s being claimed by Georg Kacher that the Lamborghini SUV – the Lamborghini Urus – will cost £135,000 when it launches in 2016. Even if the VW board are yet to sign off on the Lamborghini Urus SUV, there’s almost zero chance it won’t make it in to production. With the 2013 Range Rover heading even more upmarket, the Bentley SUV heading for market in 2015 and endless super-SUVs from car customisers the super luxury SUV market is not one Lamborghini can afford to miss out on.