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Stirling Moss Porsche RS61 crash at Monterey

The Stirling Moss Porsche RS61 – pranged at Monterey How long is it since Stirling Moss fell down a lift shaft? And how old is he? Yep, it’s just five months and the man is turned 80.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Experiment Proves A Testing Time For Experienced Drivers

WOULD you pass your driving test second time around? Insurance company Direct Line wanted to answer that age-old question, and gathered 50 experienced drivers and put them through the standard driving test to find out. The result was that more than three quarters of them failed, with those that did recording an average of three serious or dangerous faults, with one participant committing 10 major faults.