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Ford's young driver training proves a hit

FORD'S new young driver training programme, dubbed Ford Driving Skills for Life, has proved an instant hit with the first two sessions being substantially oversubscribed. Over 500 applications were made for the 300 free places available at Excel in London and the Trafford Centre in Manchester, and the participants aged between 17 and 24 received tips and guidance in the controlled environment of a purpose-built track. Manchester University student, Ryan Harrison, who took part in the free driver training, said: “I’ve learned so much today, especially in the skid car, learning what I’ve done wrong in the past without realising it and where to put my hands on the wheel.

Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.

Fiat might increase Chrysler stake to 51 percent before IPO, sees no merger

Fiat SpA, the Italian carmaker that owns 20 percent of Chrysler Group LLC, may boost the holding to more than 50 percent before an initial public offering by the U.S. automaker, the companies' chief executive officer said. “I think it is possible.