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.

Honda Accord Hybrid boasts 50 mpg in 2014 model

Honda is giving us a real treat with its 2014 50-mpg Accord Hybrid, set to go on sale Halloween of this year. This well-equipped Accord Hybrid will be offered with a choice of three different grades with a suggested retail price ranging from $29,945 to $35,695 including destination. The LX, Sport and EX/EX-L sedan models will feature an In-Line 4-Cylinder engine, as well as the LX-S, EX and EX-L coupe models.

Kia Cadenza revealed

The new Kia Cadenza The Cadenza is the production version of the KND-5 Concept Kia showed earlier this year and is an A6 sized luxury saloon which will go on sale around the world in 2010. Designed in Europe – by a team headed by an ex Audi designer – the Cadenza is a very convincing up-market saloon aimed at taking on the German offerings. And it looks like it has the goods to deliver on the promise.