1948-1956 Buick Transmission Mount on 2040-parts.com

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Excessive accessories are on display at the Tokyo Auto Salon

The Japanese tuning industry may finally be emerging from the economic slump if this year's Tokyo Auto Salon is an accurate barometer. The three-day spectacular--Japan's equivalent of SEMA--attracted nearly a quarter-million visitors, all eager to get a glimpse of the latest cars and the newest excessive accessories for 2011. Here's a recap: The Honda CR-Z was, without a doubt, the car of the show, and some versions were tuned to deliver up to 300 hp, thanks to turbocharging or supercharging kits.

Buy John Cleese’s Bentley & he’ll take you to lunch

John Cleese is selling his Bentley Eight and throwing in some memorabilia and a lunch on him to the winning bidder. It probably won’t make much of a dent in the reported $1 million a year he has to pay his ex-wife number three, but for John Cleese, every little helps. So with wife number four now signed up for a duration yet to be known, John is flogging off his Bentley Eight to try and raise a few bob.