1998-2002 Lincoln Continental Rear Emblem Part # F8oz-5442528-ca on 2040-parts.com

Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.

Rennsport Reunion video: Porsche chases Porsche at Laguna Seca

The Rennsport Reunion is the world's largest gathering of Porsche race cars, and this year it touched down at Mazda Raceway Laguna Seca in California. We've seen the family portrait of Porsche race cars and we've seen historic race cars laying rubber at the famed track. But if you thought Porsche's new crop of sheetmetal was absent, you'd be wrong.

Mercedes-Benz courts Renault for new Smart model based on Twingo

Mercedes-Benz is set to join forces with Renault in a deal aimed at providing its underdeveloped Smart division with a contemporary-engineered front-engine/front-wheel-drive platform as the basis for a frugal new Forfour model. The new Smart, due out in 2013, is planned to sit on a lightly modified version of the Renault Twingo’s underpinnings, complete with a 93.3-inch wheelbase. Speaking about the new car over the weekend, a highly placed Mercedes-Benz official told AutoWeek: “It’s a key component in plans to grow the Smart brand.