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Paul Walker crash 'caused by speed'

CRASH INVESTIGATORS have determined that the Porsche carrying "Fast & Furious" star Paul Walker was travelling at approximately 90mph when it lost control on a California street and smashed into a light pole, killing the actor and his friend. A person who has reviewed the investigators' report said that it concluded unsafe driving, not mechanical problems, caused the crash. The report says driver Roger Rodas was going between 81mph and 94mph when his 2005 Porsche Carrera GT began to drift as it lost control after coming out of a curve.

Car Finance: ING pull out of UK luxury car finance market

ING has pulled out of the UK luxury car finance market leaving a finance hole estimated at around £1.2 billion. If you’re in the market for a high-end car, chances are you’ve sought out the services of a finance broker after the car dealer’s finance rates came as a bit of a shock. And if you have, there’s a very good chance you’ll have ended up with a cracking finance deal written by ING.

Saab gets approval for voluntary reorganization on appeal

...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.