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Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

2014 Vauxhall Meriva facelift gets new diesel engine

2014 Vauxhall Meriva facelift (pictured) gets new diesel engine It’s more than three years since the Vauxhall Meriva arrived – at Geneva in 2010 – as Vauxhall’s compact people carrier, so it’s time for a bit of a titivate and a few updates. The cosmetic makeover for the 2014 MY Meriva isn’t huge, but Vauxhall has thrown in a new grill and new headlights to fulfil the ‘new nose’ requirements of a facelift, there’s new alloys and new alloy options and daytime running lights. But the biggest change comes under the skin, with the old 1.7 litre turbo diesel being supplanted by the new 1.6 litre from the Zafira which offers 134bhp and 236lb/ft of torque.

Quaker State offers cash reward for reaching 300,000 miles with its oil

If you're thinking of driving your car to the 300,000-mile mark, the maker of Quaker State oil will pay you as much as $3,000--as long as you use its oil. The oil brand on Monday launched the Quaker State Cash Back Program as part of its updated limited-warranty program. According to the company, the warranty is one of the first of its kind that follows the vehicle makers' recommendation for oil changes instead of its own.