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Saab reportedly sold to China’s Pang Da & Youngman for €100 million

Saab Sold to China? Update: Just minutes after publishing this story we’ve heard from Saab confirming this report is correct and that the administrator - Guy Lofalk – has withdrawn his application for Saab’s court protection to be removed. The deal will be subject to Government approval.

NO SIGN OF SLUMP IN VALUES ACCORDING TO LATEST REPORT

DEMAND continued to keep values relatively firm in the used commercial vehicle market in February, according to leading vehicle auction specialist, British Car Auctions (BCA). Despite volumes rising sharply average values fell by £76 (1.8%) in February while sold volumes increased by nearly 13% over the same period, following a near 50% increase between December and January. Average monthly values have broadly remained between £4,000 and £4,200 since summer 2010.

Multi-touch UI reduces touchscreen interaction to simple swipes [w/video]

Touchscreens have become widespread standard features in many cars over the last few years, consolidating the modern car's many functions into one interface. But despite their advantages there's the big downside of driver distraction, something user interface designer Matthaeus Krenn believes he has solved with his UI. Unlike most other touchscreens, Krenn's interface isn't organized into menus and small, hard-to-hit buttons, but instead makes use of multi-touch gestures, reducing the accuracy and attention needed to operate key functions.