News
Saab in talks with Youngman and Chinese bank

Associated Press (Stockholm) - Swedish Automobile, the owner of Saab, said Monday it is in talks with an unnamed Chinese bank and an auto company about getting them to buy stakes to help the troubled car brand.

Dec. 7 , 2011
Chinese roads currently hold over 104m automobiles

Gasgoo.com (Shanghai December 5) - Statistics from the Ministry of Public Security's Transport Administration Bureau show that there are over 104 million automobiles on China's roads as of November, chinanews.com reported today. The statistics also reveal that the number of authorized drivers has now reached 234 million. Looking at these results, it is clear that many cities in China have embraced the automobile.

Dec. 6 , 2011