Kool Seal Reinforcing Grid, 4" X 40' Roll 20-840 on 2040-parts.com

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Smart ForTwo

First launched in 1998 as the MCC Smart City Coupe, the ForTwo has been redeveloped as it moves towards the North American market. Length has increased from 2.5m to just under 2.7m - for greater crash protection and more trunk space, which now stands at 340 liters when packed to the roof. Regulations have also seen the IP straightened out, though the prominent air vents remain.

Bugatti to unveil “Lang Lang” Veyron at Qatar motor show

Bugatti will reveal another special edition of the Grand Sport Vitesse called “Lang Lang” at the 2014 Qatar International Motor Show later this month, built to honor the Chinese pianist. We’re assuming this is one of the 40 convertibles the company needs to sell before it starts building new cars. The two-tone exterior features lots of polished black carbon fiber that’s really set off by the “Blanc Atalante” white accents.