1969 Firebird 1968-71 Gto Lemans Tempest; Horn Relay Cover on 2040-parts.com

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Hyundai integrates Smartphones in to their cars

Hyundai is harnessing the power of the Smartphone to make in-car information and driver settings integrate seamlessly. For those of us old enough to remember the first mobile phones – and the first home PCs – the realisation that we’re all walking round now with Smartphones that have more processing power than it took to put a man on the moon is almost mind boggling. Sadly, most of us use just a fraction of the capabilities of our phones, but the fact we have all that clever tech tucked in our trouser pockets gives car makers the opportunity to harness it to provide more functionality for their cars.

Senate passes cash-for-clunkers extension

The Senate added $2 billion to "cash for clunkers" on Thursday, ending a week of suspense about whether the popular new program would have to shut down for lack of funds. The bill, identical to the one that passed the House last week, now goes to President Barack Obama for his signature. The administration has pushed hard for the new funding.