Anzo Usa 111366 Projector Headlight Set on 2040-parts.com

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

VW’s big jump in profits shows the cost for ‘Premium’ badges

Volkswagen’s profits jumped by £5.7 billion to £25.5 billion with sales numbers up by one million. But the big profits come from ‘Premium’ badges. What’s in a name?

One lap of the Web: The 917 song, eating an engine block and Saab sputters back to life?

-- Your author can attest to the aural joy of a properly tuned Porsche flat-six (cooled by air, please), but FlatSixes has posted a video of a 12-cylinder 917K lapping Monza at full-tilt that'll make your mouth water. -- We're all aware of what happens to "end-of-life" vehicles: The crusher or, in many cases, the shredder takes what was once someone's pride and joy and returns it to raw materials. But have you ever seen it happen?