K&l Supply Strongarm 2 Kit 37-2899le 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.

MINI John Cooper Works Coupe Endurance at Nurburgring 24 Hours +video

MINI John Cooper Works Coupe Endurance- off to the Nurburgring It did take a while to drag the MINI Coupe – screaming and kicking – in to the limelight. Too shy to arrive fully formed, MINI revealed the Coupe at the start of the month with a modesty blanket of black and white swirls over its money shot – the helmet roof and proper little boot. But it took just two weeks for the new MINI Coupe to pluck up the courage to strut its stuff undisguised, and we were treated to a photo avalanche to celebrate its arrival.

Renault Captur concept car (2011) at 2011 Geneva motor show

Renault today whisked the covers off the new Captur concept car. It’s a compact SUV akin to alliance partner Nissan’s Juke – and the Renault Captur will be the French brand’s star at the 2011 Geneva motor show in March. It’s certainly a welcome look at a clean-sheet proposal for an SUV.