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Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Time Warp Volvo 340 To Sell At Auction

IF you’re not a fan of modern cars then a ‘time warp’ Volvo 340 that’s surfaced after years of inaction could be the car for you. On the bill at a forthcoming classic car sale at Anglia Car Auctions on Saturday April 5th, this 132 mile Volvo hasn’t even been run in and, according to the auction house, comes complete with that distinctive new car smell. The car was bought brand new from Lancaster Volvo and was barely used by the original owner.

Land Rover Discovery Sport revealed – in miniature

The toy versions of the Land Rover Discovery Sport revealed Land Rover have been busy teasing the new Land Rover Discovery Sport – the replacement for the Freelander – ahead of its debut on 3rd September. We’ve already had the new Discovery Sport out testing, a good look at the Sport’s interior and, of course, the initial review of the Discovery Vision Concept that previewed the new Disco Sport. But now, ahead of a debut in a week or two, we get the Discovery Sport revealed early thanks to a photo of a couple of die cast models of the new Disco.