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Saab: Vlad Rides to the Rescue

Vladimir Antonov rides in with €30 million for Saab's coffers It was always an odd move by GM, or the Swedish Government, or whoever it was that decided the deal  for Spyker to buy Saab could only go through if Spyker’s money man – Vladimir Antonov – stepped down. It’s understandable if you have genuine concerns about the credentials of a party to the deal, but taking Vlad out of the equation was an accident waiting to happen. Without Vlad there was no financial safety net for Saab.

Driver receives 45 points in nine months

Mitsubishi The Institute of Advanced Motorists (IAM) has uncovered the ‘top 20’ driving licence penalty points holders in the UK – revealing that one man from Liverpool has racked up an incredible 45 points, beating the previous record of 42. But what’s truly astonishing about this is that he ‘achieved’ the 45-point tally in just nine months, between 1 October 2012 and 20 June 2013 – and what’s more, he’s apparently still driving. Top Gear presenters banned from driving in France50,000 new drivers lose licence within two years The penalty points were received for eight separate offences, and either failing to disclose the identity of the driver or exceeding the statutory speed limit on a public road.

Car sales skid in January; Mini, VW and Volvo biggest losers

U.S. light-vehicle sales, dampened by lower fleet shipments and severe winter weather across large chunks of the country, fell 3 percent in January. Among the biggest automakers, Nissan Motor Co.