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Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

Drink-and-drive deaths down in 2007

By Tom Richards Motor Industry 08 August 2008 12:08 The latest figures from the Department for Transport show the number of people killed in drink-driving accidents in the UK fell in 2007. According to the data the number of fatal accidents dropped by 16 percent from 2006 to 2007 (from 490 to 410), while the number of deaths in these accidents fell 18 percent (down to 460 in 2007 from 650 in 2006). But while the number of deaths is going down, hospitals are still being kept busy as drink-drive casualties rose from 11,840 in 2006 to 12,260 in 2007, a jump of four percent.

Mini Coupe (2011) specifications announced

Mini has announced the basic specifications for the upcoming Mini Coupe, due to launch later in summer 2011. Mini Coupe: the spec levels The car will be available in four specification levels, starting with Mini Cooper Coupe's naturally-aspirated 1.6-litre engine. From there it's on to the 1.6 turbocharged petrol Mini Cooper S Coupe, 2.0 turbodiesel Cooper SD Coupe, and the range-topping 208bhp Mini John Cooper Works Coupe.