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.

Alfa Romeo 4C convertible likely for 2015

Conventional wisdom holds that if you want to take on Porsche's 911, you need a convertible variant. And although Alfa Romeo's often marched to the beat of a wonderfully idiosyncratic drummer, it sounds as if it's hewing to general sporting-car rules of thumb with the 4C. According to a report in Britain's Autocar, sources have confirmed that a 4C convertible will follow the launch of the coupe by about a year.

Ralph Lauren: Ferrari 250 GTO, 250 TR, McLaren F1 LM & Bugatti 57 SC models

Ralph Lauren's Ferrari 250 GTO model - just $9500 One of the joys of success in life for a petrolhead is the ability to indulge in your love for cars. And few people have been as successful as designer Ralph Lauren, nor indulged in a car collection quite as stunning. Ralph owns a collection of more that 70 stunning cars, and as a little money-earner – and a treat for car fans – has had four of his cars faithfully recreated as 1/8th scale models.