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Drivers walk to avoid parking fees

DRIVERS are voting with their feet over parking charges, with most prepared to walk so they do not have to pay. On average, drivers are willing to walk up to half a mile to dodge parking charges, a survey from market research company Viewsbank found. A fifth of motorists were prepared to walk a mile or more rather than pay up, with only 11% saying they would rather pay than walk, the poll of 2,053 drivers revealed.

Spyker signs deal with China's Hawtai Motor to raise funds for Saab

Saab owner Spyker Cars on Tuesday said it has signed an agreement with China's Hawtai Motor Group to form joint ventures for manufacturing, technology and distribution. The agreement will also provide $222 million (150 million euros) funding for Saab, which has been forced to halt production because it cannot pay suppliers' bills. Victor Muller, Spyker CEO and Saab chairman, said the partnership will allow Saab to enter the Chinese car market with a strong Chinese manufacturer.

Abarth Punto EVO gets esseesse boost

Abarth Punto EVO esseesse gets an extra 15 horses The Fiat 1.4 litre lump which powers the Abarth Punto EVO is already a lively little thing. Despite its rather modest capacity it manages to deliver a healthy 165bhp, enough to scoot the Abarth Punto EVO to 62mph in 7.9 seconds and on to a top speed of 133mph. Far from shoddy.