Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Caterham sells F1 team

Caterham The Caterham Formula 1 team has been sold to a consortium of Swiss and Middle-Eastern investors following a poor season so far in 2014. Rumours that Caterham would cut its losses have been rife, since team founder Tony Fernandes threatened to quit if things didn't improve this year. The team is currently bottom in the championship and Fernandes hinted of an exit last week, when he tweeted “F1 hasn't worked, but love Caterham Cars.” Graham Macdonald, Caterham Group CEO: “Firstly I want to thank everyone who was involved in the F1 team for all their hard work and dedication since the team’s first days in 2009.

2014 VW Passat Executive and Executive Style revealed

2014 VW Passat Executive and Executive Style revealed Volkswagen has decided that buyers of the Passat – not exactly the best-selling car in the VW range – want some extra toys on their new Passat, so they’re introducing two new trim levels for 2014. The new trim levels – executive and Executive Style – sit above the entry-level Passat S and BlueMotion and bring extra goodies for not a lot more money than the Highline trim it replaces. The Passat executive comes with 17″ Michigan alloys, extra chrome, matt black roof rails (on the Estate), VW’s RNS 315 touchscreen SatNav, Vienna leather, heated front seats, electric driver’s seat, Climate, auto lights and wipers, Cruise and rear parking sensors.