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MICHAEL SCHUMACHER JOINS MERCEDES GP PETRONAS – Press Release

Michael Schumacher joins Mercedes - Press Release Below With seven Drivers’ World Championships, 248 Grand Prix starts, 91 victories, 154 podium finishes and 68 pole positions, the 40-year old German needs no introduction following an illustrious and record-breaking Formula One career from 1991 to 2006 at the Jordan, Benetton and Ferrari teams. Michael’s return to racing with MERCEDES GP PETRONAS sees his return to Mercedes-Benz Motorsport where he began his racing apprenticeship as part of the Junior Programme in 1990, racing in Group C sports cars and DTM, and sees Michael renew his partnership with Ross Brawn with whom he won all seven of his World Championships. Today’s announcement confirms the MERCEDES GP PETRONAS driver line-up for the 2010 season with Michael partnering his compatriot, 24 year old Nico Rosberg, in the Silver Arrows cars.

Compulsory emissions laws leaked to CAR Online

By Tim Pollard Motoring Issues 23 January 2007 05:53 Every performance car, MPV and large saloon on sale today is under threat from proposed legislation limiting CO2 emissions to an average of 120g/km by 2012, CAR Online has learned. EU environment commissioner Stavros Dimas is expected to announce the shock new directive in the next few days - it's designed to force companies to meet tough targets or face big fines. CAR Online has uncovered details of the proposals before they are published.

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.