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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.

Imre Molnar memorial service announced

Imre Molnar will be honored in a memorial service this month, the College for Creative Studies (CCS) has confirmed. CCS President Richard Rogers has announced that on 20 January at 3.00pm (EST) all who knew Molnar are welcome to attend the service and share with his family in a remembrance of his life. Molnar, who was the college provost, passed away during the holiday season after riding his bicycle in California and suffering a fatal heart attack on the afternoon of 28 December.

Ford Focus Sport: the run-out Ford Focus

The Ford Focus Sport - current Focus run-out model You can’t have failed to notice that the Ford Focus is about to be replaced. We’ve been running stories on the 2011 Ford Focus since before it was revealed at the Detroit Motor Show at the start of this year. And the 2011 Focus is almost here, with customer production starting in January 2011.