30-31265 208k Fafnir Ball Bearing Mercury/mariner/mercruiser 65-150 on 2040-parts.com

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Mercedes GL-class (2012) first official pictures

After churning out a brand-new ML and tweaked G-class, Mercedes’ 4x4 range update continues apace with the new GL. The new 2012 Mercedes GL-class doesn’t look like it’s got any smaller… Correct. The Stateside favourite is still more ‘XL’ than GL, reaching more than five metres in length and two metres wide.

Future products: Buick sees 6 to 7 models in its lineup for 2011-13

A Buick LaCrosse hybrid sedan probably will join a new small car and new crossover as Buick expands its lineup in the next three model years. The brand, which sells four nameplates now, eventually wants a six- or seven-vehicle lineup, says John Schwegman, Buick-GMC's top marketer. Buick seeks to revive its reputation for performance and stylish luxury to appeal to middle-aged professionals who often buy Asian luxury brands.