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Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

Bad-tempered driving increases over winter

We’re officially a nation of grumpy drivers – not helped by the bad weather and the end of Christmas festivities, a survey has revealed. Halfords Autocentres carried out a study about how winter affects motorists and found that experiences of impatient, aggressive and inconsiderate driving increase at this time of year. On Bing: see pictures of road rage British drivers ‘lack common courtesy’ Rory Carlin from Halfords Autocentres: “It seems that the festivities take their toll on the nation’s road manners and tempers flare leading to less kindness and unselfish behaviour from some motorists.” 23% of respondents felt that unfriendly and bad tempered behaviour was a major issue during the winter months, while a fifth said there was a rise in aggressive and impatient driving.

GM tipped to buy Tesla in 2014 - report

Tesla Motors Tesla has made a real splash in the electric-car scene, so it should come as no surprise that its success is generating renewed interest in the fledgling start-up. New media reports in the US suggest that one of America's biggest car makers, General Motors, is considering buying Tesla in 2014. Veteran auto industry analyst Yra Harris, of Praxis Trading, told CNBC that GM may make a bid for Elon Musk's electric vehicle (EV) specialist in the coming months.