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Saab is sold again: two Chinese makers buy Saab

Chinese car makers Pang Da and Youngman today agreed to buy Saab in its entirety from Swedish Automobile. It's the latest extraordinary twist in the saga of Saab, which has been technically bankrupt since September 2011 and built just 11,000 cars this year. The deal, which will see the Chinese car makers pay €100 million for Saab, has not yet however been signed and sealed.

More than four million UK drivers aged 70 or over

The number of older people with driving licences has exceeded the four million mark for the first time, reveals a report by the RAC Foundation. Data shows that there are a record 4,018,900 men and women aged 70 or over who hold a valid full British licence, with the motoring research charity predicting that number is set to rise even further. IAM: more old drivers than ever not bad news It isn’t older drivers we should fear – it’s the young This prediction is backed by the government, which has said that of the UK citizens alive today, around 10 million will reach their 100th birthday.

SEMA 2008 show report: Ford F-150, Mustang and Flex

By Phil McNamara Motor Shows 06 November 2008 09:30 Ford's stand was dominated by four models: the Flex, a slammed, seven-seat SUV with Range Rover-styling cues; the iconic F-150 pick up; the Focus; and, of course, the Mustang. With an ear-splitting V8 roar, Ford unveiled a 50-edition run of the Cobra Jet Mustang, and the F-150 SVT Raptor, a go-anywhere extreme version of the pick-up, which will bounce across sand dunes in the Baja California race later this month before going on sale next year. But tucked away in a corner was a less environmentally destructive F-150, shaped by British engineering firm PML.