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.

Ford Focus Electric debut

2012 Ford Focus Electric - debuted at CES Las Vegas We expected Ford to debut the electric version of the new Focus at the Detroit Motor Show next week until they did the whole ‘Electric Focus Tease‘ thing last week. Just like Audi with their latest e-Tron Spyder, Ford has chosen to take the wraps off at the CES in Las Vegas. Which is probably as clear an indication as you need that the car’s place in the marketplace is becoming blurred with the push towards electric cars.

2012 Hyundai i20 Price & Specs – starts at £9,995

2012 Hyundai i20 The 2012 Hyundai i20 – revealed at Geneva in March with a new nose and economy tweaks  - will cost from £9,995. Hyundai revealed a facelift for the i20 at the Geneva Motor Show last month which consisted of a new family nose and some tweaks under the bonnet to deliver improved economy and emissions. And now Hyundai has put a price on the facelifted i20 and details of the specifications.