22" Inch Matte Black Porsche Cayenne S Gts Turbo Wheels Rims on 2040-parts.com

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

Land Rover Defender to be built in Sri Lanka

The Land Rover Defender is to be built outside the UK in a new plant in Sri Lanka to produce Defenders for the region. Land Rover are assisting and training staff at a new assembly plant in Hambantota, Sri Lanka, run by Sathosa Motors PLC in a 50-50 deal with Land Rover distributors SML Frontier Automotive, with $1 million being invested to get the project up and running this year. It seems clear from the level of investment that this is simply an assembly operation using CKD kits from the UK for the Defender, but Sri Lank’s Daily News is reporting that there are plans to invest $500 million in the project.

McLaren 650s Configurator goes live

The McLaren 650S Configurator The new McLaren 650S arrived at the Geneva Motor Show last week – and as the 650S Spider too – and looks, and performs, far better than the 12C. That seems to point to the McLaren 12C being allowed to whither on the vine as McLaren’s customers opt for the new 650S instead of the 12C – even with a price difference heading towards £20k – although officially you can still buy a 12C (although we hear 12C production has been halted). We hear McLaren have already built a number of 650S models and now they’ve even got the 650S Configurator up on their website so customers – and dreamers – can spec up their new 650S.