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Petrol prices expected to plunge

PETROL PRICES at the pumps could plunge by almost 4p over the next two weeks, the RAC predicted today. But the reduction, and a forecast 2p dip in diesel, will only happen if other retailers follow the supermarkets' lead in dropping prices, the RAC added. It said that the wholesale price of petrol had now reached its lowest price since the beginning of December 2012.

Alarming number of drivers lack road sign knowledge

A THIRD OF DRIVERS in the UK do not know even the most basic road signs such as the National Speed Limit and Slippery Road warnings. This is the finding of a survey by More Than, which found that 34% of drivers in the UK did not know what the National Speed Limit sign was. The Slippery Road sign was misunderstood by one in seven drivers as meaning ‘paint on the road.’ With research conducted alongside 29 police forces, the survey found 20% of UK drivers had received penalty points for speeding in the past 10 years.

NEVS completes Saab purchase

National Electric Vehicle Sweden AB (NEVS) has completed the purchase of the assets of Saab, but can’t use the Griffin logo. It looks like the Chinese, Japanese, Swedish Consortium NEVS has finally completed the process of acquiring the assets of bankrupt Saab, but it hasn’t quite got all it wanted. We reported last week that the process of acquiring Saab had been delayed as there were still issues over the rights to the Saab log, a logo owned by Scania and Saab Aerospace.