Kent-moore Dt-47605 Holding Fixture Adapter 6l80 6l90 Transmission Lh-22760 on 2040-parts.com

Saab enters Court Protection – just as we predicted

Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.

UAW: GM, Chrysler may not need additional federal funds

UAW President Ron Gettelfinger said today that General Motors and Chrysler LLC may not need additional federal loans beyond the $17.4 billion approved by the White House. "If we can get by without more money, that's what we want to do," Gettelfinger told Automotive News in an interview at Solidarity House in Detroit. He said how well the money holds out will depend on sales volume this year.

Eterniti Motors: a new UK-built luxury SUV (2012)

A new British car company will launch at the 2011 Frankfurt motor show - Eterniti Motors - and its first car will be a luxury crossover. Incredibly, the new bespoke manufacturer will be based in London, where it says it will design and assemble its new top-end cars. The first model, which doesn't have a name yet, will be a crossover in the mould of the Lagonda SUV: a £150,000-200,000 luxury 4x4, based on the mechanicals of a mainstream crossover.