Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Jaguar XJ Review (2012): 3.0 litre Diesel Portfolio LWB

We’ve had the latest version of the Jaguar XJ in for review – the LWB 3.0 litre Diesel Portfolio with Sports Packs – to see how the XJ is maturing. It’s getting on for two years since we had the first Jaguar XJ in for review, and almost three years since we first saw the new XJ at the Saatchi Gallery in London, almost a year before Jaguar managed to get their new range-topper in to showrooms. In between we had a long-term XJ in for review which was with us for four months and proved to be far more reliable than the early car we had in – which did have problems – and a car we covered most the UK in with almost nothing in the way of hiccups.

Fast and Furious star Paul Walker dead at 40

According to numerous reports, Fast and Furious star Paul Walker has been killed in a single-car crash that took place in a Southern California office park. Conflicting eyewitness reports suggest that Walker was either driving, or was a passenger in a Porsche Carrera GT when it struck a tree and burst into flames killing Walker and a passenger.