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Saab secures investment from China et al
Tue, 03 May 2011China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.
Could the McLaren P13 get a Honda engine?
Wed, 22 May 2013The McLaren P13 is due to arrive in 2015 and we’re expecting it to get a de-tuned version of the 3.8 litre V8 already found in the 12C (pictured above) and P1, and be priced to take on the almost empty sector (in terms of price) the Porsche 911 Turbo occupies - somewhere around £125k. It’s a sensible plan to fill a potentially lucrative sector of the supercar market with a mid-engined, rear wheel drive ‘baby’ supercar with performance of around 3.8 seconds to 60mph and stunning handling. It should give the 911 Turbo a run for its money.
A14 toll residents 'should be exempt'
Mon, 07 Oct 2013RESIDENTS living near the UK's first proposed toll road in a decade should be exempt from payments, councillors have said. Drivers could be charged between £1 and £1.50 to travel along a new stretch of the A14 in Cambridgeshire, according to a consultation document published by the Highways Agency last month. The proposal comes after Chancellor George Osborne announced in the Autumn Statement that the Government would explore whether "in very limited circumstances" tolling could be used to fund significant new capacity on the country's roads.