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Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Nissan 370Z Nismo (2014) gets new look and aero

By Phil McNamara First Official Pictures 26 August 2014 13:23 Nissan is revamping its 370Z range, with the spotlight on a revised flagship coupe fettled by Nissan Motorsport – or Nismo as it’s better known. Due in late 2014, the 370Z Nismo gets a new aero kit, claimed to boost downforce ‘significantly’ at speed. Out goes the 2013 Nismo’s lairy rear wing for a more subtle, 911 2.7 RS-esque ducktail affair, which works in tandem with the new front splitter to evenly split more downforce over the front and rear axles.

Track 'raider' given public nuisance charge

A MAN who drove his girlfriend's car on to the former Formula 1 circuit at Brands Hatch during a race has been charged with causing a public nuisance. Jack Cottle, 21, was arrested on suspicion of false imprisonment in June after footage appeared on YouTube of a white Volkswagen Polo being driven into the middle of a Fun Cup race at the Kent circuit, police said. Cottle, of Durgates, Wadhurst, East Sussex, was charged when he answered bail at a Kent police station last night.