Blue Sea M-series Dual Circuit Plus , Main + 3 Positions Clb Vertical -1408 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.

Coventry Industrial Design students launch projects blog

The official blog for the 2013 Coventry University Industrial Design Degree Show has launched. Featuring project updates and imagery from this year's Industrial Design undergraduates, it allows Bachelor's students to promote their work ahead of the 2013 Degree Show and lets viewers follow the progress of their final projects and college work in real-time. A monthly archive also means viewers can look back over past submissions.

Kia Kue concept

By Ben Oliver Motor Shows 09 January 2007 04:47 A Kia concept car. How exciting! More exciting than you might suppose.