Gear Shift For Zongshen 190 212 Engine And Daytona 190 212 4 V Engine on 2040-parts.com

Saab seeks court protection from creditors

Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.

BMW pushes back the U.S. debut of the X1 until the end of 2012

BMW will not offer its compact X1 crossover in the United States until the end of 2012 because of strong demand for the redesigned version of the larger X3. Also, the X1 is selling well outside the United States so supplies are tight, said Jim O'Donnell, CEO of BMW of North America. The X1 was launched in Europe in November 2009.

Government bid to cut driving options

PLANS DESIGNED to reduce petrol prices at motorway service stations and a freeze on the cost of the MoT test have been announced by the Government. A crackdown on whiplash injury fraud is also part of the driver-friendly package to be introduced from next year. Justice Secretary Chris Grayling said t he statutory maximum price of the MoT test for a car will be frozen at £54.85 until 2015 - potentially saving up to £50 million for drivers every year.