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Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

Fewer commuters but longer journeys

PEOPLE ARE TRAVELLING further to get to work but the number of commuters is falling as more staff work from home, according to official figures. Based on Census statistics, the average distance travelled to work in England and Wales increased from 8.3 miles (13.4km) in 2001 to 9.32 miles (15km) in 2011. Those living in the Midlands and south west England had the largest increase in average distance travelled between 2001 and 2011 - going an extra 1.36 miles (2.2km).

Andrea Pininfarina dies in traffic accident

Andrea Pininfarina, Chief Executive Officer of the coachbuilding firm that bears his name, died in a moped accident in Turin this morning. He was 51. The accident took place on via Turin, the gateway to the Italian city, when a car crossed Pininfarina's path just before 8am.