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UK Car Scrappage scheme gets green light?

Mandy said NO to scrappage, but it looks like Alistair Darling will introduce a scheme in the next budget [ad#ad-1] After much to-ing and fro-ing, it has been claimed by most of the UK national press over the weekend that a UK version of the Car Scrappage Scheme will be introduced in the budget by Alistair Darling. The scheme aims to offer new car buyers a guaranteed trade-in against a new, cleaner car of £2,000. But it is being suggested that the Government will insist that car manufacturers chip in half this money, with the tax payer paying the other half.

Jaguar Land Rover drops plans to close one of three England plants

Jaguar Land Rover said Friday it no longer plans to close one of its three auto plants in England after reaching an agreement with trade unions. The automaker, which Ford Motor Co. sold to India's Tata Motors in 2008, said it would be significantly increasing the number of models in its range and creating thousands of jobs over the next decade.

Saab production restarts – again.

Saabs are once more rolling out in Trollhattan Of course, we nearly got here before when Saab went courting China’s Hawtai Motor Group, but that deal fell apart when the Chinese government refused to sanction the deal. Or Hawtai pulled out. Depending on which version you believe.