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Nizam of Hyderabad’s 1912 Rolls Royce Siver Ghost Throne Car has done just 356 miles

The newly restored 1912 Silver Ghost Throne car One of the first Rolls Royce in India – the Nizam of Hyderabad’s 1912 Rolls Royce Silver Ghost Throne car – has been restored to its original glory. In 1911 the 6th Nizam of Hyderabad – Mehboob Ali Khan - ordered a Rolls Royce Silver Ghost, and had it sent off to Bakers of Edinburgh to create a very special body, fit for Nizam (think Maharajah, the generic term for Indian Royalty). The brief was to create a body that would be a throne on wheels, and Bakers duly obliged creating a Silver Ghost with rich yellow paintwork, a silver domed roof, gold mountings and fittings and an interior trimmed with silk and brocade.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

Toyota Prius slashes price to match Honda Insight

Toyota Motor Corp. is going for the jugular with its redesigned Prius, setting a 2.05 million yen starting price ($20,750) in Japan that is on par with the newly released Honda Insight. Toyota notified Japanese dealers of the cutthroat pricing policy for its redesigned 1.8-liter gasoline-electric hybrid on March 25, dealers in Japan say.