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First new Saab rolls off the production line

A NEW SAAB car has rolled off the Swedish production line for the first time in two and a half years. National Electric Vehicle Sweden, the Hong Kong-based company that bought Saab out of bankruptcy in September last year, presented its new 9-3 Aero at the factory in Trollhattan. The company, also called NEVS, aims to make electric cars under the Saab brand, but said it will also provide petrol cars until "electric cars fully meet customer demands." The first 200 cars will be delivered in spring costing 279,000 kronor (£26,000) each.

Fiat makes bid to buy Opel

The proposed partnership between Fiat and Chrysler has been thrown into a tailspin with revelations that the Italian carmaker has made a secret offer to purchase a majority stake in Opel. Klaus Franz, chairman of Opel's works council, on Thursday confirmed Fiat's interest in a takeover of General Motors' European subsidiary, suggesting that officials have cleared the way for the signing of a letter of intent as early as April 28. Opel has been in talks with parts supplier Magna International on a possible partnership over the past month.

North East worst for road safety

THE NORTH EAST of England has the worst rates for deaths and serious injuries on England’s roads according to data from the Department for Transport. In 2012, the number of deaths and serious injuries in the North East increased by 8%, with an extra 65 incidents recorded compared to 854 in 2011. The South East of England, which suffered some of the worst statistics in 2011, is now the most improved region.