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Saab signs deal with second China partner

Saab has agreed to China's Zhejiang Youngman Lotus Automobile Co. taking an equity stake in the company as part of a distribution and manufacturing joint venture. Saab and its owner Spyker Cars NV signed a deal with Chinese car distributor Pang Da in May worth up to 110 million euros that involved setting up a joint venture with Spyker and a partner in China to start making Saabs in China within two years.

Motoring groups warn over M1 speed limit change

MOTORING campaigners have warned that speed limits on motorways across the country could be cut after the Highways Agency announced plans for a 60mph zone on the M1. The plan would come into effect between junction 28 of the M1 at Mansfield and junction 35a for Sheffield and Rotherham between 7am and 7pm, seven days a week. The Highways Agency said the reduced speed limit would be used to help reduce emissions along the route.

Aston Martin wants the Le Mans title

Aston Martin will challenge for the overall Le Mans Champion in 2009 Aston Martin won the overall title in 1959 – 50 years ago with the DBR1 driven by Caroll Shelby – and are aiming to bring the title back to the UK with the new car, which is based on the 2008 Charouz Racing System Lola, and powered by the same V12 engine seen in the title winning DBR9s of the last two years. The car will carry the famous Gulf Oil colours, and is being funded in partnership with Lola, Michelin, Koni and BBS. And this is a good time to pick to challenge for the title.