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Saab files for bankruptcy: the end of the Swedish saga

Saab has reached the end of the road - for the second time in two years, just before Christmas. Parent company Swedish Automobile today announced that Saab had filed for bankruptcy. Owner and acting CEO Victor Muller had been trying to sell Saab as a going concern and had come close to signing a deal with Chinese car makers Pang Da and Youngman, but the deal was blocked by former owner General Motors which feared its technology - powering the new 9-5, plenty of the 9-3 range and the 9-4X - would fall into opposition hands in China.

Sinkhole Corvettes to be displayed before restoration

It's going to take a while to get the eight historic Chevrolet Corvettes that were consumed by a sinkhole at the National Corvette Museum two weeks ago out of that sinkhole -- just getting a specialized crane through the doors of the museum will take time. Afterward, though, the public will be able to get a look at them in their damaged state before Chevrolet has them restored. The museum has told the Detroit Free Press that the damaged cars will be on display at the National Corvette Museum from April through June of this year, once they're exhumed.

Rain, wind and snow to batter UK

FLOOD VICTIMS are bracing themselves for yet more misery as heavy rain, wind and snow is set to batter Britain. Forecasters warn that the appalling conditions which have ravaged communities show no signs of abating, with heavy rain expected today and Saturday. A "multi-pronged attack" of wind, rain and snow is expected to strike tomorrow, with heavy rain leading to more potential flooding as downpours of up to 40mm (1.6 inches) could fall in just six hours, with gusts of up to 70mph, a Met Office spokesman said.