02 Harley Davidson Fl Touring Flht Electra Glide Speedometer Gauge 67349-00 on 2040-parts.com

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.

Jaguar and Land Rover’s Big Chinese Takeaway

[ad#ad-1] As we are only too well aware, car makers are having the most torrid of times. Massive drops in car sales in the UK (at least in new cars – UK used car sales are actually rising) means car makers’ cashflows are horrific. But it looks like there’s a white knight on the horizon for Tata’s Jaguar / Land Rover.

Citroen C-Crosser (2006): first official pictures

By Phil McNamara First Official Pictures 26 October 2006 12:26 Citroen C-Crosser: the lowdown Here's Citroen's C-Crosser SUV, a Mitsubishi Outlander with a facelift and butt-tuck. It's also the sister car of the Peugeot 4007, another badge-engineered French 4x4 revealed on CAR Online today. As with the 4007, Citroen has taken the Outlander, grafted on its corporate nose, added different 18-inch wheels and tweaked the rear lamps.