Chrysler Oem 5065173aj Trunk Lid-weatherstrip on 2040-parts.com

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab 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.

British International Motor Show 2008 | London Motor Show | Excel London | CAR Magazine Online

By Dimitri Pesin Motor Shows 25 June 2008 09:00 The British International Motor Show (that’s the London motor show to you and me) is shaping up to be the best yet. Show organisers claim they are hosting more than 20 global debuts – up from 13 two years ago – and we’ve compiled a list of the cars you simply cannot afford to miss. Follow our simple A-Z below to check the show highlights.

Opel Adam going rallying

Opel is adding a bit of rally credibility to the new Adam by taking it rallying with an Adam R2 rally car for a one-make cup. But perhaps GM Europe are hoping to inject a bit of performance credibility in to the uninspiring mechanical offerings the Adam currently offers with the revelation that they’re making a rally Adam prepared to basic R2 spec, which means a tweak or three from the standard production car. That means upgrades to the engine, suspension, brakes and gearbox to produce an Adam rally car that’s an affordable entry point for young drivers and Opel are aiming to compete in the ADAC Opel Rally cup with the Adam R2.