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Drivers believe potholes 'are out of control'
Thu, 17 Apr 2014MOST DRIVERS (67%) think the pothole problem in the UK is getting out of control and the government and councils are not doing enough to solve the problem. Research by the Institute of Advanced Motorists (IAM) has found 65% of female drivers and 69% of male drivers are very unhappy with the condition of the UK’s roads. The IAM cites a lack of communication between councils and drivers for this situation as a third (34% ) of drivers believe councils are reducing the amount they spend on road maintenance but 60% of drivers admit they don’t know if budgets are genuinely being cut.
Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.
Chevrolet Corvette Stingray Convertible (2013) first official pictures
Tue, 05 Mar 2013You wait ages for a new Corvette, and then six weeks after the new Stingray bows in at the 2013 Detroit atuo show, its soft-top sister is revealed at the Geneva motor show. The latest C7-generation Corvette drop-top uses the same mechanical package (big V8 up front, power sent to the rear wheels) as its fixed-head sister but adds an electrically-folding soft-top roof that you can lower remotely via pushing a button on the key fob. You can also drop the roof while on the move, at speed of up to 31mph.