Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

Chinese Grand Prix qualifying: Hamilton takes pole for Mercedes

Lewis Hamilton has grabbed his first pole position for Mercedes for tomorrow’s Chinese Grand Prix, with team mate Nico Rosberg in fourth putting second place Kimi Raikkonen in the Lotus and third place Fernando Alonso in the Ferrari in a Mercedes sandwich. Felipe Massa takes fifth in the second Ferrari and Grosjean sixth in the second Lotus with the Toro Rosso of Ricciardo in seventh, but it’s behind that the things get more interesting, especially in a race context. Behind the leading seven are Jenson Button in the McLaren and Sebastian Vettel in the Red Bull, but both are on different strategies to the rest of the leaders and will start tomorrow’s race on the medium tyres they used for final qualifying instead of the soft tyres.

Volkswagen Golf GTI Adidas & Golf GTI Exclusive at Wörthersee 2010

The VW Golf GTI Adidas at Worthersee The Worthersee Tour is a big customisers event for Volkswagens held every year in May in Worthersee in Austria. It’s been a feature on the calendar since 1982 and was originally a meet up for owners of the original Golf GTI. Over the years it has become much more and we see all sorts of cars from the VW group such as the seven Audi A1 specials this year and the Audi Q5 Worthersee Concept last year.