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Saab China – Deal Dead

Saab has terminated the deal with Youngman and Pang Da Did we expect anything different? Saab has announced that the deal for Chinese companies Youngman and Pang Da to take a €245 million stake in Saab has been terminated. Saab say that they have terminated the agreement because Pang Da and Youngman have failed to confirm their commitment to the Subscription Agreement on the agreed terms, and the money the Chinese (according to Saab) were to pay by this weekend has not been received.

Enzo Ferrari biopic back on track

Fans of Enzo Ferrari and the company he founded could finally get the film they have wanted: A film company is getting closer to putting the long-delayed biopic into production, Variety reports. LA-based Cecchi Gori Pictures is said to be in talks with a well-known American director to helm the film, based on a script by Troy Kennedy Martin and David Rayfield. The script and the film project have been in gestation for years, but the project had been plagued by delays.

Tax discs will be scrapped in October: do you know the rules?

Paper tax discs will soon be scrapped forever, but a survey of drivers has found that a half are clueless about the new rules. The survey, of more than 1,000 people, suggests that the DVLA has failed to efficiently inform motorists of the changes – despite them coming in from the 1 October 2014. Click on the image above to find out more about the new tax disc rules