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publication date: Jan 19, 2012
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author/source: Robin Roberts
Wales's business minister Edwina Hart is being urged by Welsh
politicians to help save the ailing Swansea to Cork ferry service.
Fastnet Line which operates the ferry for the West Cork Tourism Co-Operative has been placed in examinership, an Irish form of bankruptcy protection, all sailings have been cancelled in a move blamed on high oil prices and around £800,000 is needed to remove the company from examinership so it can resume sailings in the spring. Wales based insurance group Admiral has unveiled plans for a new 77,000 sq ft office building opposite Newport railway station. The company anticipates the scheme being ready for occupation by the end of 2013 or early 2014 and will have capacity for up to 1,200 staff. Board members have quit troubled Swedish Automobile, owner of ailing Swedish carmaker Saab, because of disagreements over future funding. Hans Hugenholtz, Maurizio La Noce and Alex Roepers stepped down from Swedish Automobile's supervisory board, and Rob Schuijt has quit from the management board with immediate effect, Swedish Automobile (Swan) said in a statement. Next on the chopping block for Saab is the auctioning of over 120 Saab models from the Swedish automaker's museum at its headquarters in Trollhättan. Car collectors from all around the world will now have the opportunity to own some very rare and even one-off concept models from Saab's museum including their UrSaab prototype, the automaker's first car. Some of the other vehicles that people will have the opportunity to bid for include a 1974 Saab 98 prototype, 1981 James Bond Saab 900 Turbo, 2001 Saab 9X concept and the Subaru Tribeca-based 9-6X prototypes. Lotus's new Malaysian owner says the sports car business is open to offers. Malaysian billionaire Syed Mokhtar Al-Bulkhary's DRB-Hicom took over parent Proton this week and said it's "open to options," for the UK sports car maker which has not turned in a profit in 15 years. MPs on the Transport select committee heard of the overwhelming opposition to Government plans to reduce the frequency of MOTs. Bill Duffy, co-ordinator of the Pro-MOTe campaign, supported by a range of motoring organisation, road safety campaigners and industry bodies said scrapping annual testing would be "dangerous, expensive and unwanted". Fiat will show a longer MPV version of its 500 supermini at the Geneva motor show. Auto Express first reported the new vehicle earlier this month and said it will ride on a variant of the Fiat Panda platform and is likely to be priced at about $20,000, and Fiat suggest it could be built in Serbia and may not even have the numbers 500 in its badging when it goes on sale at the end of this year. "iPod oblivion" can be lethal for pedestrians, cyclists and car drivers, according to the Automobile Association, as a recent US study quoted in the BMJ, shows a three-fold increase in the number of deaths involving pedestrians wearing headphones. AA patrols have reported an increase in the number of "iPod zombie pedestrians" and joggers oblivious to traffic around them as they cross busy roads. It is thought that pedestrians' lack of attention may be a factor in some of the 405 pedestrian deaths last year. |
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