1997 Oldsmobile Achieva 84998 Miles Throttle Body Assy 170547 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.

First details of 2013 Skoda Octavia emerge

More details and images of the 2013 Skoda Octavia have been revealed ahead of its official announcement. The C-segment Octavia will be the fourth model to sit on the MQB platform after the Volkswagen Golf Mk7, Seat Leon and Audi A3. These images suggest the car will offer few surprises – from its familiar corporate grille to the new, sharp-edged, cut-glass inspired surfacing first seen on the Rapid this third-generation Octavia looks set to build on its solid and loyal customer base.

Toyota to build RAV4 EV in Ontario

Toyota said on Friday that it will build the electric version of the RAV4 at its assembly plant in Woodstock, Ontario, beginning in 2012. The electric crossover will use powertrains supplied by Tesla from California. The companies began transforming gasoline-powered RAV4 SUVs into functional EV prototypes last July.