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Nissan recruits Champions League football stars

NISSAN has gone football mad ahead of the new European season, recruiting as brand ambassadors two of the finest talents to grace the 2014-15 Champions League. The Japanese firm is sponsoring the competition this year, and has secured the services of Brazil's captain of Paris Saint-Germain Thiago Silva and the Barcelona and Spain midfielder Andrés Iniesta, who himself has won three Champions League titles. Dubbed Nissan's new 'Engineers of Excitement', the firm says in a press release that the players “will help the Japanese car manufacturer in its campaign to introduce new innovations to enhance the football fan experience.” They will feature in a series of TV adverts focusing on how innovation is key, both on and off the field, to creating excitement for football fans and drivers.

Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.

Mini hits three million milestone

THE MUCH-LOVED new Mini has reached two major milestones this week. Since BMW took over the brand in 2001, three million Minis have now been produced at the plant in Oxford and the company has also reached the two million mark in Minis for export. The three millionth Mini is a five-door Hatch Cooper S and has a special exterior design to celebrate its heritage and British roots.