Billet Specialties Pulley Kit Serpentine Aluminum Polished Chevy Big Block Kit on 2040-parts.com

Saab CEO Jonsson to retire in May; search is under way for a successor

Saab owner Spyker Cars N.V. is looking for a successor to long-serving Saab CEO Jan Ake Jonsson, who will retire on May 19. Jonsson, 59, played a key role in saving Saab when former owner General Motors Co.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.

Lexus LF-CC concept car (2012) first official pictures

It’s taken some time, but Lexus lovers will be delighted to learn of the new slender LF-CC concept unveiled at the Paris motor show this week, which looks set to replace the current IS range. The LF-CC concept sports a sleek coupe-style body, suggesting its latest family saloon could be a real head-turner. For the first time ever, the IS will be available with the all-new 2.5-litre full hybrid engine, which is soon to be fully incorporated into the Lexus model range.