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GM completes sale of Saab to Spyker

General Motors today completed the sale of its Swedish Saab brand to Dutch luxury sports car maker Spyker Cars NV, marking the first successful sale of one of its four unwanted U.S. brands. The transaction combines Saab Automobile and its 3,400 employees with Spyker Cars and its 110-plus workers.

Renault Sport RS 01

The Renault Sport RS 01 is the company's first series-production result of its intention to re-enter the sports car segment, as signalled by the DeZir and Alpine A 110-50 concepts. The car, however, is a track-only creation for the World Series by Renault racing championships. While we usually wouldn't cover racing cars, Renault's design department has clearly been heavily involved in the RS 01's development.

Gatso revenues 'quadrupled' under Labour

The UK's blight of speed cameras have quadrupled the revenues raised from fines, say the Conservatvies By Tom Richards Motoring Issues 06 August 2008 13:04 A million extra speeding tickets are being dished out every year compared with when Labour first came to power in 1997, the Opposition claimed this week. The Conservatives have published figures proving that the number of speeding fines has leaped from 712,753 in 1997 to 1,773,412 in 2006. The shocking stats include fines given to motorists caught on camera as well as those stopped at the roadside by traffic police.