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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.

Jaguar XJ_e plug-in hybrid debuts at Goodwood

The Jaguar Jaguar XJ_e plug-in hybrid research car with a 2.0 litre EcoBoost engine and 69kW electric motor on show at Goodwood. It’s been a bit of a Jaguar 24hrs with the news of prices for the new Xf Sportbrake and the debut of the new 3.0L Supercharged engine in the XJ for 2013. Now we get the public debut of the Jaguar XJ_e plug-in hybrid at the Goodwood Festival of Speed today featuring the 2.0 litre Ecoboost petrol engine from the Evoque and a 69kW (93bhp) electric motor.

Labour Pushes For Kids-In-Car Smoking Ban

IN A MOVE that could see drivers responsible for ensuring all passengers stub out their cigarettes when in the presence of children, smoking in cars carrying children could become illegal if a vote in the House of Lords is passed. As part of an amendment to the Children and Families Bill, Labour wants to see a specific offence created to discourage people from smoking around children. Crucially, the amendment would make it an offence for drivers of private vehicles to fail to prevent smoking when a child is present.