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Saab deal no longer valid says Pangda Chairman.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have issued a statement about this story and say that the reports of the Saab deal with Pangda and Youngman as being no longer valid are “…based on a misunderstanding”.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.

Lamborghini V12 Parade Sant’Agata Bolognese +video

Lamborghini V12 Parade at Sant'Agata Bolognese Back at the start of November we reported that Lamborghini were celebrating the end of the Murcielago after almost a decade of V12 goodness from Sant’Agata’s finest. Which was a bit of an odd time to celebrate, we thought, especially as Murcielago 4099 rolled of the line back in May. But the news – it transpires – was timed to coincide with a parade of the finest V12 Lamborghinis around Sant’Agata Bolognese to celebrate Lamborghini’s finest creations.

More drivers opt for speed awareness course

Drivers caught speeding are now more likely to take a driver education course than accept points on their licence, according to the latest government statistics. 953,428 motorists took a speed awareness course last year – a hefty increase over the 500,000 that took part in 2010. New so-called ‘stealth’ speed cameras: don’t panic “Black box” drivers hit by speeding fines from insurers This is partly down to the rise in speeding fines from £60 to £100 – taking a speeding awareness course usually costs around £85 (depending on the area), which means it’s now less rather than more than the cost of a fine.