05 06 07 08 09 10 Cobalt Temperature Control Ac Cont Opt C67 on 2040-parts.com

Fisker Karma gets EPA certification

Fisker Automotive received its U.S. Environmental Protection Agency certification this week, which means sales of the 2012 Karma sedan can begin. The Karma is a series plug-in hybrid, powered by a lithium-ion battery and a 2.0-liter range-extending gasoline engine.

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 LIVE from New York Motor Show

Jaguar XF and Hajuar XK facelifts at New York It’s another motor show month, and although Jaguar are at the Shanghai Motor Show the real action is due to take place in New York on Wednesday 20th April. So what do Jaguar have up their sleeve for fans at the New York Motor Show? Actually, we don’t think there’s anything we haven’t already reported, but you never know.