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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.

Toyota Prius+ Price & Specs – starts at £26,195

Toyota Prius+ Price - costs from £26k The Toyota Prius+ – Toyota’s 7-seat eco MPV come people carrier – will cost from £26,195 for the Prius+ T4. Arrives in the summer. Toyota’s confusing path with the Prius brand continues with the launch in the summer of the Prius+ (Prius Plus), a people-carrying Prius with a couple of extra seats in the boot for kids.

Hamilton takes pole for McLaren in Abu Dhabi F1 UPDATED

Lewis Hamilton has beaten the Red Bulls of Vettel and Webber to take pole for tomorrow’s F1 Grand Prix in Abu Dhabi. Update: Vettel has been relegated to the back of the grid for the Abu Dhabi Grand Prix as he didn’t have enough fuel in his car for a fuel sample to be taken. Which changes the whole dynamic of tomorrow’s race – and the championship.