C3 Corvette Emergency Brake Console on 2040-parts.com

Buick revives Regal name for upcoming sedan

Buick confirmed on Wednesday that it's resurrecting the Regal nameplate for its next midsize sedan. Additional details weren't announced, but the car is expected to arrive on the market next year or in 2011. Though the Regal name has been mothballed for about six years, Buick says it remains one of the brand's most recognizable.

VW GT Up heading for production

VW GT Up heading for production It looks like the Volkswagen Up GT – revealed as a concept at the 2011 Frankfurt Motor Show – is heading for production. We’ve just had the reveal of the VW Up 5-door, but now comes news that Volkswagen are planning to put the VW GT Up, revealed as a concept at the 2011 Frankfurt Motor Show in to production. According to Pistonheads, Volkswagen has now decided to green light the Up GT for production.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.