1990 Harley Davidson Fl Touring Electra Glide Flht 5-speed Transmission on 2040-parts.com

Saab: Turkey’s Brightwell Holdings & China’s Youngman vie for Saab

Will Saab end up in Turkish or Chinese hands? Despite its bankruptcy, it seems China’s Youngman and Turkish equity form Brightwell Holdings ar planning on staging a bid. Saab may be bankrupt – and its car heritage from the Saab Museum up for sale – but that hasn’t stopped interest in Saab as a viable car maker from prospective suitors.

Video: BMW 7 Series

BMW has released new images and a lengthy press release detailing the design process for the new 7 Series sedan, set to be unveiled at the Paris Motor Show in October. We'll spare you the hyperbole here, but stay tuned for a Design Review of the Munich-based automaker's new range topping vehicle once we've seen the car in the metal in Paris. In the meantime, check out these videos of the new 7 Series in action and hear what BMW Cars Director of Design, Adrian van Hooydonk, has to say about the design of the new flagship.

Ford burns through $5.5 billion in 4th quarter as losses mount

Ford Motor Co., the only U.S. automaker operating without federal loans, burned through $5.5 billion in cash during the final three months of 2008 as losses mounted. Ford finished the year with cash reserves of $13.4 billion.