Eiko 1449 License Light Bulb on 2040-parts.com

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.

Mazda CX-5 crossover to get a diesel-engine option for 2014

Mazda's CX-5 compact crossover will get a diesel option for the 2014 model year, according to a source familiar with the company's plans. The CX-5 goes on sale in the United States in February with a 2.0-liter gasoline engine. The vehicle will have Mazda's new Skyactiv fuel-saving technologies, which include direct-injection engines, a more efficient transmission and a lightweight frame and chassis.

2012 Mercedes SL Leak

2012 Mercedes SL leaks ahead of Detroit debut The 2012 Mercedes SL will debut at the Detroit Motor Show in January, and we’ve had the first leak of the new SL brochure. The new Mercedes SL (which is either a 2012 or 2013 model, depending on which side of the Pond you are) is due to arrive in January at the Detroit Motor Show. But it’s turned up a bit earlier than Mercedes wants thanks to a brochure leak picked up by the guys at Autoblog.nl.