Vintage Motorcycle Black Leather Gauntlet Gloves Wearable 1950s Harley Style on 2040-parts.com

News watch August 2010: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

Dacia Duster is Scottish Car of the Year 2012

The Dacia Duster SUV has garnered its first award in the UK – before it even hits showrooms – winning the Scottish Car of the Year 2012. Top car awards should be for cars that are available for buyers to walk in and grab from their local dealer, and they must bring something that’s not just new, but better too. We’re not sure where that leaves the winner of the 2012 Scottish Car of the Year – the Dacia Duster – as it’s hardly a ground-breaking car and it’s not on sale yet.

Porsche Macan ‘FAILS’ Moose Test – but there’s a reason (+video)

The Porsche Macan locks its front brake in the Moose Test The Moose (or Elk) test is a maneuverability and stability test commonly carried out in cold countries to test the behaviour of cars when subject to extreme avoidance tests – such as when trying to miss a Moose that’s wandered in to the road. The Moose Test is probably best remembered as the potential downfall of the original Mercedes A Class, when Teknikens Värld  Magazine conducted a test on the then very new – and groundbreaking – high-riding A-Class, when it rolled over and cost Mercedes a small fortune in re-engineering to restore safety credibility to the A-Class. Now it’s Porsche’s turn to come under the spotlight after Teknikens Värld ran a test on a Macan S Diesel that exhibited some strange behaviour during the test.