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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.

Stobart To Keep On Trucking In £280M Sale Deal

FANS of the well known trucking business Eddie Stobart might be surprised to learn that the company has been sold. However, the iconic name won't vanish from the nation's roads despite the £280 million sale to investors. The business, which employs around 5,000 people and operates 2,300 vehicles, will be led by the founder's youngest son, William Stobart.

Jaguar Land Rover SVO Pebble Beach debuts – Range Rover Sport SVR, Jaguar F-Type Project 7 & ‘new’ Lightweight E-Type

Jaguar Land Rover SVO Pebble Beach debuts include the Jaguar F-Type Project 7 Jaguar Land Rover’s new Special Operations Division may only just have come in to being, but that’s not stopping them delivering three cars for their North American debut at the Pebble Beach Event later this month. First of the SVO cars on show will be the new Range Rover Sport SVR, Land Rover’s most extreme performance car to date, which has just run the Nurburgring in a record time for an SUV (although we’re not sure many buyers will really care) and which should find a ready market in the US. Second of the SVO cars is the new Jaguar F-Type Project 7, which with its open-topped default mode will doubtless have American buyers from the sunny states opening their cheque books on sight.