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Barclays bids bye-bye to 'Boris Bikes'

BARCLAYS is to end its sponsorship of the so-called Boris Bikes, introduced by London Mayor Boris Johnson to the capital in 2010. The bank's logo has adorned the blue cycles since their introduction three years ago.But Transport for London (TfL) will be forced to look for a new sponsor after Barclays announced plans to discontinue with the deal at the end of its contract in 2015. The bikes were launched amid much fanfare in August 2010, with nearly a million journeys made within the first 10 weeks of the scheme being rolled out.

Skoda Fabia (2015): first sketch and details

By James Clark First Official Pictures 17 July 2014 13:46 Skoda has fired the starting pistol on its new Fabia supermini’s launch, and the big news is that this car will blood the platform for the next-generation VW Polo, Audi A1 and Seat Ibiza. The Fabia will also use the latest group three- and four-cylinder engines and boast an all-new interior, which is ripe for personalisation, Mini-style. Nope: the sketch shows Skoda won’t be taking any chances with its new Fabia.

Most of Saleen sold to Michigan group

The future of specialty carmaker Saleen Inc. is getting a little clearer: Most of the company was sold to a Michigan group last week after being on the block since November. An entity called MJ Acquisitions, which owns parts and engine companies in Michigan, bought Saleen’s performance street-car program, supercharger and aftermarket business from Los Angeles private-investment firm Hancock Park Associates.