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Saab China Deal: Chinese Government support ‘In Principal’

Saab gets encouragement from China Minister Yesterday we had the news that Pang Da and Youngman – the Chinese companies seeking to buy Saab – have outlined the investment they propose to make in Saab. But the deal to sell Saab is fraught with difficulties for Victor Muller. It’s one thing getting someone to say yes, but there are an enormous number of hoops to jump through before any deal can be finalised.

Rolls Royce has record 2008

We reported a while back about Rolls Royce prospering despite the credit crunch, and figures revealed today show that they continue to prosper despite the doom and gloom. When we last wrote about this back in November, we reported that Rolls Royce’s year end showed an increase of 38% year on year, with a total of 945 cars sold. Well, they’ve obviously continued in the same vein as their 2008 sales total has reached 1210, an increase of 20% over 2007.

MSN readers back 80mph limit on UK motorways

Getty Images Half of you back an 80mph speed limit on British motorways, according to a poll of more than 40,000 MSN UK readers. An overwhelming 20,000 of you said the limit should be raised from the current 70mph, while a quarter of respondents preferred to stick with the status quo. Microsoft poll results Our poll was published in the week when the government announced plans to reduce the speed limit on a section of the M1 in Derbyshire and Yorkshire in a bid to cut air pollution.