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.

Hyundai HND-9 Coupe Debuts

Hyundai’s stunning HND-9 Coupe Concept, which previews a new Hyundai design language and probably the next Genesis Coupe, debuts in Seoul. Now the HND-9 has been revealed, and it’s a bit of a looker. No, it’s actually a lot of a looker.

Driven: Cadillac XTS

In the light of the new, global-focused ATS and hot-off-the-press CTS sedans, the full-sized, US-centric Cadillac XTS is somewhat of an anomaly in the new Caddy clan. It's been earmarked as a stopgap flagship before a proper rear-wheel drive challenger to the Mercedes S-class and Lexus LS comes on stream. Car Design News took to the streets of Detroit to find out if it captures that big Cadillac vibe on home turf.