Compression Tested Oem 2000 Vt1100 on 2040-parts.com
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U.S. equity firm to invest $70 million in Saab
Thu, 20 Oct 2011Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.
One Lap of the Web: Nine cars you'll drive in hell, airbag watermelon destruction and luxury, Soviet-style
Mon, 12 Aug 2013-- After carefully weighing the options, Motor Authority has arrived at a list of the nine cars you'll drive in hell. The Aztek is an easy (if misunderstood) target, and the Renault Fuego makes sense on the basis of its name alone but there are a few unexpected additions, too -- like the Tesla Model S, which won't be easy to keep running because “… Hell is a lot like the San Francisco airport--roughly five thousand people and their 25,000 battery-powered devices, all fighting for a pull off Hell's only functional power outlet.” -- Don't ask us why, but we're fascinated with old Soviet steel, from the no-nonsense heavy duty trucks the crappy Cars of the People. The supposedly luxurious, Packard-inspired Chaika M-13 limousine sits somewhere between the two, and you can read a Special Interest Auto article on the car at Hemmings.
Volkswagen acquires Italdesign-Giugiaro
Tue, 25 May 2010The Volkswagen Group and Italdesign-Giugiaro S.p.A. today announced the next step in their successful cooperation. The Volkswagen Group will take a 90.1 percent stake in Italdesign, including the brand name rights and patents.