Ford Mustang Logo Valve Stem Caps on 2040-parts.com

Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.

Volkswagen Passat CC Facelift (2012) at LA Motor Show

Volkswagen Passat CC gets a Facelift for 2012 The VW Passat CC – the swoopy-coupe version of the regular Passat – has been around for four years and has hardly changed since it launched. Well, unless you count the option of having five seats in the back of your Passat CC, that is. But now its time for Volkswagen’s Mondeo-sized offering that thinks it’s a Mercedes CLS to get a bit of a makeover.

Hyundai's record year – can it continue? (2013)

Hyundai’s metamorphosis is complete – it’s now one of the ten most popular car brands in the UK, and the first Korean manufacturer ever to crack into the Premier League of UK car buying habits. Sales in 2012 soared by 18.1% to 74,000 units, while its Kia sister brand scored 66,000 registrations last year, according to the new SMMT figures out this week. The Korean double-act isn’t just a thorn in the side of the established French mainstream brands: it’s killing them off completely.