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BMW makes 1,000 workers permanent

AROUND 1,000 agency workers at car giant BMW are to be made permanent employees, guaranteeing job security for years. The change, being made in two phases, was warmly welcomed by the Unite union, describing it as a great Christmas present. The announcement covers workers across a number of BMW sites including the Mini plant in Oxford, pressings plant in Swindon and Hams Hall engine site near Birmingham.

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.

Rolls-Royce Ghost Extended Wheelbase (2011) unveiled

When does a Rolls-Royce Ghost become a Phantom rival? When you add 170mm to the wheelbase and launch the Ghost Extended Wheelbase. At 5569mm long, the LWB Ghost is still comfortably shorter than the 5834mm regular Rolls Phantom (the stretched Phantom soars beyond six metres!).