410amp Power Converter on 2040-parts.com

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Business groups call for Severn tolls cut

BUSINESS groups are calling for a reduction in the Severn Bridge tolls as soon as the famous structure comes into public ownership. Following the recent announcement that tolls will be set to increase, the Federation of Small Businesses in Wales and the Freight Transport Association (FTA) have called for the tolls to be reduced to a level that only covers maintenance. In a joint statement the groups expressed their concern for the negative impact the increased tolls could have on the southern Welsh economy.

Warning over Bank Holiday traffic chaos

MORE THAN two million Britons will head overseas for the bank holiday weekend, with those staying at home having to contend with busy roads and disrupted rail journeys. While some are taking to the air to travel to Mediterranean hotspots, anyone getting the car out in the UK will have to compete for road space with an estimated nine million other vehicles. Around 500,000 passengers are expected to depart from Heathrow airport over the weekend, as well as 234,000 from Gatwick, 172,000 from Manchester, more than 150,000 from Scotland's airports and 134,000 from Stansted.