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.

VW Up 5 Door reveal

VW Up 5 Door The first photos of the VW Up 5 door have been revealed, a few months after the 3-Door Up debuted officially at the Frankfurt Motor Show. The 3-Door VW Up debuted at the Frankfurt Motor Show back in September, but instead of being the radical departure we were expecting, it turned out to be just a replacement for the VW Lupo. And now we get the first photos of the VW Up 5-Door, which will broaden the appeal of the Up!

The Equualizer: We drive the 2011 Hyundai Equus luxury sedan

Hyundai Motor America CEO John Krafcik is by all indications a brilliant car executive. His company is on a ramp-straight rise up through the car market in the United States, and he is poised to shepherd it into luxury-sedan territory next year with the impressively equipped Equus four-door we were driving. But Krafcik is not quite as good at timing and scoring.