Balkamp Bk Hsd706 - Drill Bit, General Purpose on 2040-parts.com

‘Old Pang’ spends another €15 million at Saab

Pang Qing Hua - Pang Da boss - thinks Saab are 'Great, great, great'! The ‘Old Pang’ bit isn’t our derogatory name for the head of China’s Pang Da – who are busy getting in to bed with Saab – but is how the Beijing Times referred to Pang Da boss Pang Qing Hua on his return from Saab;  ’Old Pang Returns from Sweden’, they said. We have no idea how old Pang Qing Hua is, but he’s old enough to have amassed a few bob from owning a huge car distribution network in China, and is flush with cash from a recent floating.

Jay Kay's LaFerrari to star at Salon Privé

CAR BUFFS will have a unique chance to get up close to some of the fastest, most exciting cars in the world today when the 2014 Salon Privé show arrives in London next month. Among the star cars at the Syon Park event will be Jamiroquai singer Jay Kay’s spearmint green LaFerrari; the only example anywhere in the world in that colour. All the cars present will be ultra-rare, ultra-exclusive hypercars with sub-three-second 0-62mph sprint times and top speeds well in excess of 200mph.

Electric Fiat 500e costs the same as 500 Pop – in the US

Sergio Marchionne reckoned Fiat would lose £7k on every 500e they sell, but that may be a very conservative estimate judging by the deal Fiat has put together for the 500e in California, where it’s just launched. For a very modest down-payment of £650 and then £130 a month, you can drive off in a brand new Fiat 500e. That’s exactly the same deal Fiat offers on the 500 Pop – a car that cost under £10k in the UK – making the 500e the first EV we’ve come across where costs are sensible.