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Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

Jaguar XF Estate Confirmed – finally

Jaguar XF Estate Confirmed - finally We’ve been expecting Jaguar to expand the XF range by bringing to market the Jaguar XF Estate for at least the last two years. But so far they’ve resisted. Jaguar has confessed that it is their plan to expand the successful XF range by adding the new models we’ve long expected – the XF Estate, XF Coupe and XF Convertible – even if until quite recently Jaguar were privately claiming the lack of an all wheel drive platform for the XF mitigated against it.

Ecclestone faces £4 million bill

MOTORSPORT boss Bernie Ecclestone must pay lawyers' bills adding up to about £4 million despite winning a High Court fight with a German media company, a judge has ruled. In February, Mr Justice Newey had dismissed a claim for around £80 million in damages by Constantin Medien - which had said it lost out after Mr Ecclestone entered into a "corrupt agreement" with a banker to facilitate the sale of the Formula 1 Group to a buyer chosen by him. But, despite ruling against Constantin after a High Court trial in London, the judge had described 83-year-old Mr Ecclestone as not "reliable or truthful".