Dorman/techoice 419-605 Drive Belt Idler Pulley on 2040-parts.com

Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Who's Where: Dave Rand resigns from Changan Automobile

Dave Rand, the former General Motors Design Chief, has resigned from the Chinese State-owned automaker after joining the company last October. Rand's resignation, which was made official last week, follows that of his senior at Changan, Ken Ma who stepped down as Vice President of Design earlier this year. It is not clear precisely why both men have decided to leave the Chinese carmaker, but several people familiar with the situation have said that both Rand and Ma's departures are connected with Changan Auto's recent financial difficulties.

Jaguar XFR-S at Paris Motor Show?

It looks like the more powerful XFR planned to take on the new M5 – the 2013 Jaguar XFR-S – could arrive by Paris 2012. We’ve been talking about a new, more powerful XFR for some time – logically, the Jaguar XFR-S – with the underpinnings of the XKR-S. And it looks like it’s almost here.