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Olympic cyclist races against Skoda Octavia vRS

OLYMPIC GOLD medallist Ed Clancy took on a challenge of two wheels versus four testing his downhill racing skills against the Skoda Octavia vRS in a race against the clock. Covering a section of the famed Southern Borders Loop, part of the Tour of Britain stage one route, the race centred on a short, but brutally steep, hill climb with five major corners. To even the odds, Ed Clancy raced downhill from a rolling start whilst the new ŠKODA Octavia vRS raced uphill from a standing start.

Saab’s Jan Åke Jonsson retires, 2010 earnings & deals in Russia & China

Saab's CEO Jan Ake Jonsson to retire after almost 40 years with Saab It’s been a difficult period at Saab, what with trying to survive as GM came close to closing the Swedish car maker down in the absence of a ‘suitable’ buyer, through being taken over by Spyker and then trying to replace their entire range. And it’s taken its toll on Saab boss Jan Åke Jonsson. It’s been announced that – after nearly 40 years with Saab – 59-year old Jan Åke will step down from his job in May and hand the reins over – temporarily – to Spyker’s Victor Muller until a replacement can be found.

Only one minivan in Chrysler's future, no subcompacts for U.S. market

The Chrysler Group will offer just one minivan in the future--the Chrysler Town & Country--as part of a plan to end duplication in dealer showrooms and give each of its brands a strong and distinctive lineup. Under the plan, the Dodge Grand Caravan minivan and Dodge Avenger mid-sized sedan will be replaced by a single crossover in 2013, Chrysler CEO Sergio Marchionne told Automotive News. The Chrysler brand will get a replacement for the 200 sedan when the Avenger, its sibling, is replaced.