Gabriel Air Shocks/front Shocks 1959 Ford Skyliner on 2040-parts.com

Lotus Elise Club Racer Launched

The Lotus Elise Club Racer Lotus may have plans to be the next Aston Martin, but for now it’s stuck with an Evora that’s not selling as well as it should and an Elise that is basically the same as the car that launched a decade ago. The plan with the Evora – apart from the rather odd move of getting Mansory to tart up an Evora – is to get the Germans in to give the Evora’s interior some class. As for the Lotus Elise, all there really is to do – because it has a hard-core clientele anyway – is to divvy up the odd special.

Hyundai Veloster Turbo for UK & Europe gets 186 horses UPDATED

Hyundai Veloster Turbo for the UK gets 186hp The Hyundai Veloster Turbo – due to be revealed at Geneva next week – will get 186hp and 270NM of torque for the UK & Europe. When the Hyundai Veloster was confirmed for the UK and Europe back in November, we did say that it was likely to come with fewer horses but more torque to make it more fun to drive on European roads than the bigger horses and lower torque figures the American version gets. Now we learn that the UK and European Veloster Turbo will come packing 186hp (183bhp) – down from over 200hp in the US version – but with 270NM (199lb/ft) of torque.

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.