The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Toyota ditches Corolla badge

By Phil McNamara Motor Industry 30 July 2006 12:16 The Corolla brand is going the same way as Oldsmobile, Jif and Marathon – to the knacker's yard. It may be the most venerable nameplate in motoring history, but Toyota is ditching the Corolla badge in western Europe. The latest incarnation of the Japanese family car will be unveiled at the Paris motor show in September 2006, but it won't be wearing the Corolla logo.

Silverstone redevelops Stowe: new pictures

By Christopher Erasmus First Official Pictures 16 November 2009 14:28 This is the new Stowe Complex at Silverstone, the first step in the racing circuit's new £7 million track development programme, and the main feature to attract corporate and product events to the track ahead of major planned events in 2010.Will Silverstone's new Stowe Complex affect the 2010 Moto GP or possible return of the British grand prix?No, the complex is a separate development within the full F1 circuit, and should be fully complete by March 2010, in time for the Moto GP in June 2010 and the still-possible British GP in July 2010. The development is designed to attract manufacturers and corporate events types to come and test at the Northamptonshire venue.So it's just a money-spinning scheme by Silverstone? Or are they actually building something important?The Stowe Complex is certainly a way for Silverstone to generate some important revenue and publicity.