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Alarming number of drivers lack road sign knowledge

A THIRD OF DRIVERS in the UK do not know even the most basic road signs such as the National Speed Limit and Slippery Road warnings. This is the finding of a survey by More Than, which found that 34% of drivers in the UK did not know what the National Speed Limit sign was. The Slippery Road sign was misunderstood by one in seven drivers as meaning ‘paint on the road.’ With research conducted alongside 29 police forces, the survey found 20% of UK drivers had received penalty points for speeding in the past 10 years.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

2012 BMW M5: Official Photos leak

The BMW M5 2012 - total photo leak Actually, it’s not the first time we’ve had a leak of photos of the 2012 BMW M5. Back in April – after a private BMW event to show off the new M5 – we had some photos sneakily snapped by one of the attendees on their mobile, or so it seemed. But this leak of photos of the 2012 BMW  M5 is a different kettle of fish altogether - these are low-ish resolution versions of an official set of photos of the new M5.