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Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.

Swansea Metropolitan University degree show 2009

Graduates from Swansea Metropolitan University, based on the South Wales coast, exhibited their final year BA and BSc Automotive Design projects at the National Waterfront Museum recently. A relative newcomer to automotive and transport design - this being only the second BA graduate cohort to graduate - the three-year course at Swansea Metropolitan yields a high standard of work, which has received positive industry support in recent years. With projects ranging from the slightly avant-garde to high-quality next generation or niche vehicles, the students were encouraged to select a philosophical direction that they were passionate about yet also suited their desired future career aspirations.

Goodwood To Stage 73rd Members' Meeting In March 2015

THE GOODWOOD Road Racing Club (GRRC) has announced that the 73rd Members' Meeting will be held on the weekend of March 21-22, 2015 at Goodwood Motor Circuit. The Members' Meeting was revived this year for Members of the GRRC to continue the tradition of the 71 club motor sport events held at Goodwood from 1948-66, and played host to a weekend of dramatic motor racing. Star names including grand prix winner Jochen Mass, Le Mans 24 hours victors Emanuele Pirro and Jackie Oliver and current professionals Darren Turner and Andy Priaulx contested this year's event.