Driver Left Fender Fits 96-02 Bmw Z3 2269320test Product on 2040-parts.com

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

CAR tech: how much F1 is in the McLaren P1?

We're forever told racing tech makes for better road cars, but is that true, even in the case of the £866,000 McLaren P1? CAR tech looks at the similarities between Jenson Button's weekend racer and McLaren's hybrid supercar: Gives you wings A Formula One car wins or loses by its aero package – and the P1’s a true aero car with a mighty set-up. It has the highest amount of downforce of any road car on sale – so you couldn’t get closer to F1 with number plates if you tried.

Ferrari Turns 60...

By Ben Oliver Motor Shows 26 June 2007 09:52 Happy Birthday to you... Ferrari is celebrating its 60th anniversary with a five-day party at its famous Fiorano test track. More than 1000 Ferraris have descended on Maranello from around the world, including some of the rarest and most valuable road cars.