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.

2013 Renault Clio Sport Tourer (Estate) revealed in video

The estate version of the 2013 Renault Clio – the Renault Clio Sport Tourer – has been revealed in a Renault promo video. It was only last week we had the reveal of the 2013 Renault Clio, a new Clio Renault hopes will revive the flagging fortunes of the Clio, a car that used to underpin Renault’s sales in the UK. As part of Renault’s PR offensive, they’ve produced a video outlining the design and production process for the new Clio; lots of arty types penning stunning shapes, new Clios undergoing testing and the shiny new Clio rolling off the production line.

Fancy a bit of Ice Driving with Bentley in Lapland?

Enjoy the thrills of Ice Driving at the Bentley 'Power on Ice 2012' Experience The Bentley ‘Power on Ice 2012′ event offers the chance to drive the Bentley Continental GT W12 and Continental Supersports on ice in Finland. This time last year Bentley revealed that a convertible Continental Supersports had set a world record on ice in Finland of 205.48mph on the frozen Baltic sea in Finland, quickly followed by the announcement of a limited edition Bentley Supersports ‘Ice Speed Record’ to cash in on the achievement. Now, in the spirit of making the most of every success, Bentley are offering places on their ‘Power on Ice 2012′ trip back to Finland to play with the W12 Continental GT and the even more powerful Continental Supersports Coupe.