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Saab gets more cash from China partner

Saab has received another cash boost from its new China partner Pang Da with an additional order for 630 cars, worth 15 million euros or $21.7 million at current exchange rates. The order comes on top of an order for 1,300 cars worth $43.3 million (30 million euros) received by Saab from Pang Da in May. The Chinese company will pay in advance for the order and delivery of the vehicles will start in the third quarter, Saab said.

Design Contest: Car Design Awards China 2011 launches

阅读本文中文版本请点击这里 CDN is pleased to announce the 2011 Car Design Awards China, a competition for students in China that aims to encourage the development of the next generation of domestic talent. The Awards are open to students of any discipline who are studying full-time at a college in China. They work to briefs set by OEMs, and their entries will be judged by a panel of distinguished senior designers whose career backgrounds are both inside and outside China.

Closed-road racing made legal in the UK

Could the UK host its own Mille Miglia? By Adam Binnie Motoring Issues 11 July 2014 15:52 A London Grand Prix on closed streets or even a Pikes Peak style hill-climb in the Lake District could now by possible after the Government approved plans to allow motorsport events on public roads. It is hoped that the decision to allow staged rallies, hill climbs and trials of speed on closed-road street circuits will give the country’s motorsport industry a jump start. Prime minister David Cameron made the announcement today while touring the new Formula One Williams factory in Oxfordshire.