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60mph speed limit plans axed in favour of smart motorways

Government plans announced early this year to reduce air pollution caused by vehicle emissions by reducing the speed limit on a 32-mile stretch of the M1 have been shelved. The proposals involved lowering the speed limit from 70mph to 60mph, from junction 28 of the M1, near Matlock in Derbyshire, to junction 35a, north of Rotherham. MSN readers back 80mph limit on UK motorways UK motorway to charge moving electric cars But Transport Minister Patrick McLoughlin will announce later today that blanket reductions of speed limits are not the answer, and alternative solutions to improving air quality must be found.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

New Porsche 911 Carrera (2012) arrives ahead of Frankfurt

2012 Porsche 911 Carrera - Official We did say, when we published leaked photos of the new Porsche 911 last week, that it wouldn’t take Porsche long to respond. In the end it’s taken just six days for them to reveal the 2012 Porsche 911 Carrera. Of course, this is Porsche.