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Bahrain Grand Prix: Vettel takes pole

Bahrain Grand Prix 2012 - Vettel on pole Sebastian Vettel puts his Red Bull on pole position for tomorrow’s F1 Grand Prix in Bahrain – the first Red Bull poll of 2012. After two years of Red Bull dominance in F1 – in particular by world champion Sebastian Vettel – the 2012 F1 season has been a bit of a shambles so far for the Red Bulls – certainly by their usual standards. But it looks like we may be back to business as normal in Bahrain with a pole position for Red Bull by Sebastian Vettel with team mate Mark Webber right behind him on the grid in third place.

General Motors to shut down Saab

General Motors has announced that it will be closing the Saab brand after the company was unable to strike a deal with Spyker Cars. This follows from last month's withdrawal of would-be suitor Koenigsegg, leaving Spyker the sole contender in the acquisition of the ailing Swedish brand. According to Nick Reilly, GM's European president, the company has decided to cut its losses: "Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed in a reasonable time.

Going, Going, XC90 Gone

THE First Edition of Volvo’s all-new XC90 – 1,927 individually numbered cars only available for sale online – sold out in 47 hours. Most of the cars were reserved within one hour from when the sale started. At its peak, seven cars were sold every minute.