Ignition Coil Bmw 525i 335i 535i 528i X5 X3 2006 06 07 08 09 10 11 12 660488 on 2040-parts.com

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.

Volt, Leaf win top safety rating in crash test

The 2011 Chevrolet Volt and Nissan Leaf electric cars won the highest safety ratings in crash tests performed by the Insurance Institute for Highway Safety, putting them in the top 57 percent of models tested so far this year. About 80 of 140 vehicles tested among 2011-2012 models have received the Institute's "top safety pick," the group's award for state-of-the-art crash protection that exceeds federal safety rules, Institute spokesman Russ Rader said. The Volt and Leaf received a "good" rating -- the highest of four rankings -- on each of four crash tests, said the Institute, which is funded by auto insurers including State Farm, All-State and Geico.

New York auto show 2012 review by Ben Oliver

New York is not a city in love with the automobile. The titans of Wall Street may have the money to buy Ferraris and Lamborghinis but you rarely see them on the street: if the city's appalling roads didn't break them, its appalling driving would. But maybe that's why New York's 112 year-old 'auto show' is still so popular.