2018-2020 Bmw 530e G30 2.0l - Engine Oil Filter Housing 8513965 on 2040-parts.com

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

UK Government cuts car aid, EV grants at risk

By Tim Pollard Motor Industry 30 June 2010 15:48 Britain's business secretary Vince Cable today fired a warning shot across the bows of the car industry, saying that subsidies would end and warning that the pledged £5000 subsidy off the first electric cars was in peril.'Our starting point is very clear,' he told delegates at an automotive summit arranged by the Society of Motor Manufacturers and Traders. 'We've moved on from the era of subsidies. We just have to be realistic about what's affordable.'Cable said the new coalition Conservative-Liberal Government had not yet decided whether or how to implement the new low-carbon vehicle subsidies promised under Labour, which had set aside £250m in initial funding.'It is still actively under consideration,' said Cable.

Four CCS students win awards in 22nd annual Michelin/CCS competition

Michelin and the College for Creative Studies (CCS) in Detroit, Michigan recently held their 22nd Annual College for Creative Studies Design Competition at the A. Alfred Taubman Center for Design Education. Four CCS transportation students are receiving the exhibition opportunity of a lifetime when their winning designs are displayed in a special Michelin exhibit at the 2011 North American International Auto Show (NAIAS) January 10-23, 2011.