Dorman P7576s Front Brake Caliper Piston-brake Caliper Piston 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.

BMW i3 Concept (2011) first official pictures

This is the BMW i3 Concept, a near-production preview of Munich’s new urban vehicle. Previously known as the Megacity Vehicle (MCV), it’s an all-electric carbonfibre and aluminium car that BMW will sell from 2013 as part of its new ‘i’ range – the i8 supercar has also been unveiled today. Both the BMW i3 and i8 concepts will be revealed at the 2011 Frankfurt motor show in September.

2014 Mercedes S Class LIVE reveal

The new S Class (W222) gets a bit longer than the current S Class (by 20mm), a bit wider (28mm) and a bit lower (25mm) but the wheelbase of the standard S Class stays the same at 3035mm with the long wheelbase S Class getting an extra 130mm for extra sprawling room. There will be a variety of engines on offer in the new S Class (from parsimonious 4-cylinders to mighty V12s) but we’re expecting at launch that just three will be on offer – the S350 diesel with a 255bhp V6, the S400 with a 300bhp V6 petrol and the S500 with a 4.7 litre turbo petrol with 450bhp. In terms of styling, Mercedes appear to have taken away much of the bulbous look of the current S Class and replaced it with a more flowing shape, but one that’s still very much S Class.