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Saab's future could be bright

Saab is planning a return to its old-brand values with an extended model range as it prepares for a new, independent future owned by a joint U.S.-Scandinavian investment team. Swedish supercar maker Koenigsegg grabbed headlines as the buyer from General Motors, but Koenigsegg is just one of at least three major investors. The others are West Coast entrepreneur Mark Bishop and Norwegian holding company Eker Group.

McLaren London: Open for business

McLaren London - open for business Almost exactly a year on from McLaren’s announcement that the UK will have three McLaren dealers – London, Birmingham and Manchester – the first of those dealers, McLaren London, opened for business yesterday. Operated by Jardine Motors (who may be more familiar as Lancaster), Mclaren London is the ground floor face of One Hyde Park, the mega-bucks apartment block you may best know as the building where £1 billion of apartments have been sold – but no one has moved in. Ron Dennis is probably banking on some of the owners of those apartments – including a Ukrainian Oligarch said to have paid £136 million for his apartment – popping downstairs to take a look at what McLaren has on offer – and bringing along a friend or three.

Rain, wind and snow to batter UK

FLOOD VICTIMS are bracing themselves for yet more misery as heavy rain, wind and snow is set to batter Britain. Forecasters warn that the appalling conditions which have ravaged communities show no signs of abating, with heavy rain expected today and Saturday. A "multi-pronged attack" of wind, rain and snow is expected to strike tomorrow, with heavy rain leading to more potential flooding as downpours of up to 40mm (1.6 inches) could fall in just six hours, with gusts of up to 70mph, a Met Office spokesman said.