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Saab owner and Chinese investors continue talks regarding takeover deal
Tue, 15 Nov 2011Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.
2014 BMW M5 takes on the past
Wed, 22 May 2013The 2014 BMW M5 sedan hits the streets this August. Bimmer says four-door has been the standard for high-performance sedans since its release in 1985. We'd be inclined to agree.
Heathrow Pod: Driverless cars ferry airport passengers
Wed, 19 Oct 2011Heathrow Pod - driverless transport at Heathrow's T5 Heathrow Terminal 5 (T5) didn’t have the easiest of starts, with endless teething problems making air travel even more fraught than it already is. But things have improved a lot, and T5 is now one of the better places to depart from, if depart you must. And from today it should get easier, with the launch of the Heathrow Pod shuttle system.