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Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Subaru's new supermini

By Tim Pollard Motor Industry 05 January 2007 02:52 Subaru is preparing a rebadged Daihatsu Sirion to slot beneath the Impreza in its range - and the new 'mini could be on sale as early as the end of this year. Toyota, Daihatsu's parent company, bought a 9% shareholding in Subaru's parent company in 2005. So the Daihatsu Sirion 1.0 is an obvious donor car; its £7500 starting price and 57mpg stretch the Subaru range down to a whole new budget marketplace.

Singapore Grand Prix (2011) RESULT

Singapore Grand Prix 2011 Why does the Singapore Grand Prix, which is brilliantly put together and looks stunning, always seem to disappoint? You’d expect it to be an Eastern version of Monaco - run as it is on a street circuit - but it still seems to lack any real character. Maybe it’s just us?