Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series 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.

2012 Toyota Land Cruiser V8 revealed

2012 Toyota Land Cruiser V8 revealed in Japan Toyota has revealed the facelift for the 2012 Land Cruiser V8 in Japan. The European version will debut in Brussels next month. Just to be clear, it’s the Toyota Land Cruiser V8 that’s had a facelift and appeared in Japan, not the smaller Land Cruiser we also have in the UK (which gets called the Land Cruiser Prado in other markets).

Spyker production starts at CPP

Councillor Ken Taylor (leader Coventry City Council), Brendan O’Toole and Victor Muller. Actually, even without the caption, we reckon you could have worked out who's who. A few months ago we reported that Spyker were moving production of their cars to the UK, in to the very capable hands of CPP Manufacturing, a Coventry-based specialist company already responsible for making most of what goes in to a Spyker.