1955 1956 Chevy #929 Transmission Indicator Lens Turbo-hydromatic - New on 2040-parts.com

Pontiac Lives: Tire-smokin' GTOs and Trans Ams set for SoCal auction

It's been almost a year since General Motors announced the end of the road for Pontiac. While the century-old brand has now joined Oldsmobile, Plymouth and a long list of other iconic makes in the automotive afterlife, the collector market remains more alive than ever. A lineup of 27 classic Pontiacs, including 17 GTOs, will cross the auction block in June.

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.

Bentley announces 'Home Collection'

IF YOU’VE ever fancied a slice of Bentley lifestyle in your home, you’re in luck. The Crewe-based firm has tied up with an Italian furniture builder to produce the Bentley ‘Home Collection’ of domestic and executive homeware. The pieces, says Bentley, are “an exercise in subtlety, incorporating functional performance with comfort and luxurious, sensuous quality.” And we thought it was just a range of things to sit on.