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Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Horace takes the lead on road safety

MORE BITE has been added to the Think! road safety campaign in the form of animated figure Horace the dog. Created by Wallace and Gromit company Aardman, Horace has been introduced to highlight a road safety competition in which schoolchildren will be asked to create their own short animated films to communicate key road safety messages to fellow pupils.

Mazda celebrates the Miata's 20th birthday

Hard to believe, but the Mazda Miata is 20 years old. And Mazda didn't let the birthday pass without a party. On July 17, parked in the inner courtyard of Mazda R&D in Irvine, Calif., were examples of every significant Miata and MX-5 Miata ever made.