2005 Harley-davidson Sportster 1200 Custom Xl1200c Gas Tank Fuel Cell Petrol on 2040-parts.com

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.

Mercedes E-class Cabriolet at Detroit motor show 2010

Here's our first look at the new Mercedes E-class Cabriolet, unveiled at the 2010 Detroit Auto show. It's the fourth addition to the E-class range, and as with the latest E-class Coupe, the new drop-top replaces the old CLK. The new E-class Cabriolet shuns a hard-top and continues to favour the more traditional folding fabric arrangement - the hood can be opened or closed in 20 seconds at speeds of up to 25mph.

Prime Minister visits Jaguar Land Rover

DAVID Cameron paid a visit to Jaguar Land Rover’s new Engine Manufacturing Centre at the weekend. The Prime Minister was given a tour of the new plant where he saw the on-going installation of the manufacturing equipment first hand. Based at the heart of the UK, it is ideally located between the company’s three other manufacturing sites at Halewood, Castle Bromwich and Solihull.