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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.

Apple iWatch illegal to use while driving

The Department for Transport (DfT) has confirmed that any driver caught using Apple’s new iWatch wearable technology behind the wheel will receive the same penalty as if they were using a mobile phone. The new “smartwatch” was announced this week and allows wearers to read text messages, make phone calls and browse the internet on the device. On Bing: see pictures of the Apple iWatch Apple to launch app that finds your car The wristwatch is wirelessly linked to the user’s mobile phone, which supplies the data connection to surf the web and make and receive calls.

Volvo gunning for Boris over London Congestion Charge

Volvo want Boris Johnson to address the anomalies in Congestion Charging in London At present, a wide range of Hybrid cars are exempt from congestion charging. Which does seem odd. On what basis?