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Catalytic converter thefts double in three years

Associated Press Thefts of catalytic converters from cars have more than doubled in less than three years, according to an investigation by the BBC. Data compiled from 40 police regions across the UK reveal that in 2012 a total of 8,947 catalytic converters thefts were reported, compared to 3,957 similar cases recorded in 2010. On Bing: see pictures of catalytic convertersStreet sweepers to mine UK roads for precious metals A car’s catalytic converter reduces its harmful exhaust gas emissions by initiating a chemical process to neutralise many toxic substances emitted from the engine.

China's Pang Da, Youngman agree to buy Saab

Chinese firms Pang Da Automobile Trade Co. and Zhejiang Youngman Lotus Automobile Co. have agreed to buy Saab for $142 million (100 million euros).

Rolls Royce sponsors Bloodhound 1000mph World Speed Record attempt

The last time we had news about a sponsor for the Bloodhound 1000mph World Record attempt aproject, it was all about a carbon off-set company sponsoring the project with off-set credits so the speed record project could claim to be carbon neutral. This time, it’s something of proper value to the project. Rolls Royce – the plane people, not the car people – are supplying their EJ200 jet engine from the Eurofighter Typhoon – and technical support – which will be bolted in Bloodhound to get it up to 350mph before a rocket engine takes over and thrusts it on past 1000mph.