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Saab owner and Chinese investors continue talks regarding takeover deal
Tue, 15 Nov 2011Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.
Partners make the perfect co-driver
Tue, 22 Apr 2014CELEBRITY heart-throbs such as George Clooney and Cheryl Cole have come second-best in a recent survey of drivers who were asked for their perfect partner on a long road trip. Six out of 10 drivers in the UK said they would choose their regular partner, whether that person is their husband, wife, friend or workmate, 61% of drivers asked said they would prefer their usual driving buddy to George Clooney or Cheryl Cole. Surprisingly, 11% of drivers surveyed by Halfords said they would be happiest with just a satellite navigation system for company on a long road trip.
UK still a nation of middle-lane hoggers
Tue, 26 Aug 2014DRIVERS in the UK are still hogging the middle lane and the M25 is the worst road for this poor driving habit. One in six British drivers admits hogging the middle lane and drivers over the age of 65 are the most likely to do this. Five of the top 10 worst stretches of road for middle lane hoggers were on the M25 that orbits London, making it the worst road in the UK for this driving behaviour.