1950 1951 1952 1953 Cadillac Motor Mount Engine Bracket on 2040-parts.com

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

BYD T6 – a 2.0 litre Porsche Cayenne Clone

The BYD T6 - a 2.0 litre Porsche Cayenne Clone [ad#ad-1] We do still think of Chinese goods as being cheap rip-offs of Western Goods. But the news yesterday about the next generation electric car battery technology should make us look at what the Chinese are doing in a different light. And then this crops up!

Daimler agrees to unload remaining Chrysler stake

Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.