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Government Highlights 'Snowball Effect' Of Drink-Driving

MILLIONS of people could lose their jobs if they were unable to drive to, or at, work through being caught drinking and driving. That’s the message behind a new Government drink-driving campaign in advance of the festive season. Keen to highlight the "snowball effect" of getting a drink-drive conviction, the campaign is hoping to register with individuals who need to be mobile for their profession, such as professional driving jobs, teachers, care workers and jobs in banks and finance.

Saab files for bankruptcy

Struggling Swedish manufacturer, Saab, has finally filed for bankruptcy. What may well prove to be the closing chapter in this ongoing saga could see the iconic brand laid to rest following months of uncertainty. A statement by parent company, Swedish Automobile NV (Swan) announced that: ‘After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded.

Saturn has interested buyers, GM says

Saturn is attracting interest from a "few" parties that might want to acquire the brand, a General Motors spokesman said Thursday. GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers.