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Rolls Royce to create 100 new jobs

LUXURY CAR GIANT Rolls-Royce is to create 100 new jobs after reporting the fourth consecutive year of record sales. Over 3,630 cars were delivered to customers in 2013, the highest in the marque's history, with sales growth reported across several regions worldwide. The biggest increases were in the Middle East (up 17%) and China (11%), but strong sales were also achieved in Germany, Japan and Canada.

Volvo V40

The new Volvo V40 is set to be unveiled at next week's Geneva motor show. The manufacturer has sought to retain characteristics from the larger Volvo models but refine it with sharper features in a more compact form, while focusing on a number of key areas within the car. It's closest equivalent – in terms of format – is the Audi A3 Sportback thanks to its mix of hatchback and wagon characteristics.

Saab funding from China likely delayed. Gets loan from North Street Capital

Saab gets funds from North Street Capital Last week we had Saab and their Chinese ‘backers’ getting in a bit of a muddle over funding. Which is what we’ve come to expect. Saab were adamant that the quote attributed to the Pangda Chairman that the Saab deal was no longer valid was a ‘misunderstanding’.