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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.

Tomorrow's world: lightweight carbon composites

Once all the dust settles on The Great Battery Farce (the idea that the world's ills will be taken care of by sticking a battery in everything that moves and charging it up) we may eventually face up to the fact that the best way to move something around more economically, is to move less of it. That means making things lighter, a lot lighter. Car makers are working on it and manufacturers like Audi and Jaguar have already become masters in bringing aluminium to the mass production.

Sebastian Vettel’s 2013 F1 title: the stats

By Ollie Kew Motor Industry 28 October 2013 11:30 In winning the 2013 Indian Grand Prix this week – his six straight victory of this season – Sebastian Vettel became the youngest driver ever to win four consecutive F1 world titles. Only two drivers have ever managed four titles on the trot before him: Juan Manuel Fangio (1953-58) and Michael Schumacher (with five in a row between 2000-2005). Frenchman Alain Prost is the only other driver to have taken four F1 world titles – but no-one’s managed the feat as fast as Seb.