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Court extends Saab reorganization bid until end of November

Saab parent company National Electric Vehicle Sweden refuses to go down without a fight. After a recent trip to court, the company is emerging with an extension on its reorganization until November 29. According to Europe Online Magazine, there's also an appointed committee of creditors and union representatives to monitor NEVS' restructuring process.
NEVS still isn't giving up hope of saving itself, and the company claims there are has two potential strategies for getting back on its feet. The main plan is to "finalize the negotiations with the two Asian automotive manufacturers," according to a press release. Those firms still aren't identified, but Mahindra may be involved. According to Europe Online Magazine, one of the businesses is looking to take partial ownership of NEVS, and the other is considering some sort of cooperation with it.
If that plan fails, the second option is to take advantage of the factory and become a contract manufacturer.

Even Ferrari swept up in latest Takata recall expansion

The scope of Takata's deadly airbag problems continues to widen. Eight manufacturers announced recalls Friday that affect more than 12 million vehicles, according to documents filed with federal regulators. The automakers include Honda, which is recalling 4.5 million units, Fiat Chrysler with 4.3 million, Toyota with 1.65 million, and Subaru, which is recalling almost 400,000. Some of these cars include the Saab 9-2x and Pontiac Vibe that Toyota and Subaru made for General Motors. Mazda will recall 730,000 vehicles and Nissan has 400,000 affected units. The smallest numbers were posted by Mitsubishi, with 38,000 Lancers manufactured from 2006 to 2007, and as a noteworthy high-end manufacturer, Ferrari is calling back 2,800 vehicles. These are all US-market cars. Beyond America, the Japanese Transport Ministry has announced seven million additional vehicles will be recalled, which means 19.6 million vehicles across the globe are affected by recalls announced. The defects have been traced to an insufficiently manufactured airbag inflator, which lacks a drying agent that would prevent the inflators from deteriorating over time. Thirteen deaths have been linked to the faulty airbags, which have become unstable and are prone to exploding and showering vehicle occupants with lethal amounts of metal shrapnel. A private equity firm, KKR & Co., has been named in a possible buyout of the struggling Takata. Related Video: News Source: ReutersImage Credit: Shutterstock Government/Legal Recalls Ferrari Honda Mazda Automakers Mitsubishi Nissan Pontiac Subaru Toyota Saab Safety

Motorweek looks back at 1983 Saab 900S

These days, Saab is a zombie marque. Technically, the brand is still shambling around under the ownership of National Electric Vehicle Sweden, and there are continued promises of an electric version of the 9-3. However, we all suspect that the company is never really coming back, at least not as the quirky Swedish brand of the past. That's what makes watching this latest Retro Review of John Davis and the Motorweek crew driving a non-turbo 1983 Saab 900S so special. This is a great chance to see Saab still alive and kicking. While not one of the more famous turbocharged examples, the naturally aspirated 900S is still a quintessential Saab in every other way. The reviewers definitely aren't sold on the looks though, and there are plenty of jokes at its expense. Although, only paying attention to the polarizing exterior styling makes missing the good handling and immense interior utility easy. Sadly, without the aid of forced induction, the 900 offers very lackadaisical acceleration. According to this clip, the sprint to 60 miles per hour is more of jog in a leisurely 12.2 seconds. At the brand's best, Saab provided the motoring world with an alternative. If you didn't want just another boxy sedan, the brand offered something like nothing else on the road. Plus, drivers found a well-tuned turbocharged engine that provided good performance for the day. It's a company worth remembering, despite the current state of things.