Cardone Industries 64-1025 Vacuum Pump on 2040-parts.com

Saab enters Court Protection – just as we predicted

Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.

Supermarkets Announce Fuel Price Cuts

AHEAD of the forthcoming Budget, two major supermarket chains have announced a welcome fuel price cut. The first company to show its hand was Tesco, which has announced a reduction in its petrol and diesel by 1p a litre. Asda then followed, with the supermarket giant taking up to 1p a litre off its petrol and up to 2p a litre off its diesel, pledging motorists would pay no more than 132.7p a litre for diesel and 126.7p a litre for petrol.

Subaru Impreza Concept: The Video

The Subaru Impreza Concept - video below The Subaru Impreza Concept wasn’t something we expected at the Los Angeles Motor Show last week, but it was welcome news nevertheless. The Impreza’s design has become tired and dated and needed an injection of something fresh, which the Impreza Concept certainly seems to offer. Of course, the Impreza at LA is a concept car and gets some of the usual concept fripperies like cameras for mirrors and no discernible door handles, but the basic design stands up well and should be almost all there when it goes in to production.