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Saab reportedly bought by Chinese-led consortium

A Chinese-controlled consortium has completed a deal to buy the assets of bankrupt Swedish carmaker Saab, media reports said. National Electric Vehicle Sweden (NEVS) will pay 1.5 billion to 1.8 billion kronor ($210 million to $250 million) for Saab, excluding spare parts company Saab Automobile Parts AB, according to reports in Sweden. NEVS did not confirm the reports.

Cyclists 'revel in car-free streets'

THOUSANDS of cyclists have enjoyed the chance to ride on car-free streets during a series of bike rides around the country. The Space for Cycling Big Ride saw people of all ages take to their bikes in London, Birmingham, Bristol, Leeds, Manchester, Newcastle and Sheffield. Organisers estimated 5,000 cyclists took part in the event in the capital, where 30 guided rides took place under bright sunshine.

2013 Ford F-150 gets Limited model, changes

The Ford F-150 pickup gets a handful of upgrades for the 2013 model year. The key changes include a redesigned center stack, the availability of high-intensity discharge headlamps and the addition of a new range-topping Limited trim. The changes come as rival General Motors prepares to launch redesigned versions of the Chevrolet Silverado and GMC Sierra pickups.