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.

BMW designer Schaffer to lead U.S. studio

Laurenz Schaffer, an 11-year veteran of BMW AG's design staff, will take charge of the automaker's studio in California on Dec. 1. He will replace Verena Kloos, 48, as president of DesignworksUSA.

Tomorrow’s world: future car technology news

By Tim Pollard Motor Industry 14 October 2009 17:11 CAR's new technology series looks at the car tech developments that will quickly change the shape of the new cars we’ll all be driving in the years to come. We’ve talked to the world’s biggest components suppliers, and interviewed experts at manufacturers across the globe. Our reports detail the innovations and technical advances that will make our cars cleaner, greener, safer and – we hope – keep the fun factor we all enjoy in our cars.