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Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

Owner gets sunken car back

A SUBMERGED CAR that was abandoned because of flooding on the Somerset Levels has been reunited with its owner. Hubert Zajaczkowski, 21, was forced to leave his Seat Toledo on a road near the village of Muchelney on Christmas Eve because of the rising water. For weeks, the car remained stranded under several feet of water, filmed and photographed by national and international media and press as an illustration of the disaster unfolding in Somerset.

Nissan launches Platinum Edition X-TRAIL

Nissan launches X-TRAIL Platinum Edition with lots of toys Nissan launches the X-Trail Platinum Edition with every option box already ticked. Costs from £29,180. The Nissan X-TRAIL is a perfectly good example of an on-road SUV, much in the style of the Freelander 2.