Ford Dog Dish Hubcap F100 Econoline Ford Motor Co. Center Circle on 2040-parts.com

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

Volvo V40 gets new Drive-e D4 and T5 engines

The Volvo V40 (pictured) gets Volvo’s new Drive-e engines Last year Volvo revealed its new, efficient and flexible Drive-e engines and plans to offer them in the S60, V60 and XC60 with a 179bhp D4 and a 302bhp T6. Now, the new Volvo V40 is getting Drive-e powertrains. Both the V40 and the V40 Cross Country are getting Drive-e engine options, with both the D4 diersel and T5 petrol coming on-stream from May 2014.

BMW previews new M4

BMW has revealed several retro-fit enhancements for the new 4-series coupe, part of its M-Performance line of options. In the process the company has provided the first clues to its upcoming M4's appearance; the M4 will replace the just-discontinued BMW M3, and sources tell Autoweek the new performance coupe will make its world debut at the Detroit auto show next January. The performance package consists of an aggressive aero kit, various interior trim upgrades and suspension modifications.