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Auto-safety bill headed to full U.S. House

A U.S. House committee passed an auto-safety bill with a number of changes in the original legislation that the auto industry and Rep. John Dingell, D-Mich., were looking for.

Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.

Jaguar Land Rover Special Operations buys world’s biggest British car collection

James Hull’s British car collection – new owned by Jaguar Land Rover News watchers and petrolheads may be aware that the world’s biggest collection of British cars has been up for grabs recently as its owner – cosmetic dental guru James Hull – decided he wanted to see his collection in new, safe hands after a run of health problems. And now it has a new owner. James Hull has sold his entire collection to Jaguar Land Rover’s Special Operations in a deal that secures the collection’s future – and keeps it in the UK – for a price that is doubtless well below the much-vaunted £100 million it’s though to be worth.