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Saab deal no longer valid says Pangda Chairman. The end of Saab?

Saab deal with China not valid says Pangda Chairman Update 10 am 12/10/11: Saab & Pangda have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”. Whatever that means. Yesterday there was yet more speculation that Saab will be declared bankrupt as real doubt about the deal with Chinese companies Pangda and Youngman started to surface.

Petrol price relief for drivers

PETROL PRICE pressure on the purse strings of drivers has eased, according to figures from the AA. They showed that average petrol pump prices in the UK have fallen back to 130.0p a litre having risen to 131.7p a litre at the beginning of July. Motorists are now doing far better than they were a year ago when petrol averaged 137.5p a litre, rising to 138.38p a litre in mid-October 2013.

Peter Stevens and Julian Thomson lead a discussion on the past, present and future of car design

As part of its sponsorship of London's Clerkenwell Design Week, Jaguar and the Royal College of Art brought together three generations of the design school to discuss the past, present and possible future of car design. Held in a suitably grimy warehouse in east London – with the sculpture by RCA students Ewan Gallimore and Claire Mille's we showed you earlier this week sat outside – Professor Dale Harrow, dean of the School of Design and head of its Vehicle Design program introduced Professor Peter Stevens, Julian Thomson, Jaguar's advanced design director and Alexandra Palmowski project designer advanced colour and material at Jaguar took the audience through their careers. Charismatic as ever, Peter Stevens kicked off proceedings that moved chronologically through the decades by explaining how he first became interested in "the art if car design, allied to the science of how they work" through his artistic parents and uncle – journalist and motoring adventurer – Denis Jenkinson during the 1950s and 60s.