Jeep Oem 55394107ac Fender-side Panel on 2040-parts.com

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

Jaguar F-Type Coupe to make 2013 LA Motor Show debut

Not a convertible fan but love the razor-sharp styling of the Jaguar F-Type? You’re in luck, as Jaguar has come good on its promise of a closed roof version and is set to unveil its new F-Type Coupe at the 2013 LA Motor Show. With V6 and V8 power, now the Porsche 911, Aston Martin V8 Vantage and Audi R8 really have a fight on their hands.

Ford announces new Silicon Valley research laboratory

Ford has announced plans to open a new R&D center in California's Silicon Valley with a view to creating a hub for collaborative technology projects. With neighbors including Google, Microsoft, facebook, Apple and Stanford University, it's certainly setting up shop in the right part of town. Its location also connects Ford's Advanced Design Studio in Irvine, CA and Ford employees working with connectivity platform partner Microsoft Corp.