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Valve Stems & Caps for Sale
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Saab gets latest lifeline via $5 million infusion from Chinese company
Tue, 13 Dec 2011Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.
Mini Countryman JCW at 2012 Geneva motor show
Mon, 05 Mar 2012This is the Mini Countryman John Cooper Works, set to be unveiled at the 2012 Geneva motor show. It’s the most powerful Mini so far, with 215bhp, and the first JCW product to boast four-wheel drive. Timed to coincide with much vaunted success in the World Rally Championship… Oh.
New Audi S8 (2012) gets 520hp V8
Wed, 31 Aug 2011New Audi S8 (2012) The fourth and final Audi ‘S’ to be revealed this morning – after the S6, S6 Avant and S7 – is the range-topping 2012 Audi S8. And as befits the top-of-the-range it gets the wick turned up on its new V8 to at least 9 – that’s 520hp. We’re expecting the full ’11′ will only be available on the Bentley version.