Mercury 50 Hp 3cyl. Ignition/electric Controls on 2040-parts.com

Saab ends deal with Chinese investors

Saab owner Swedish Automobile scrapped a $340 million investment deal with Chinese automotive companies Zhejiang Youngman Lotus and Pang Da after they proposed a buyout, straying from the original deal. Youngman and Pang Da signed a nonbinding agreement in July to take a combined 53.9 percent stake in Swedish Automobile. The Chinese companies say circumstances have changed since that time, so the deal should too.

Lutz's Cadillac puts on a better show than Lutz

"Hi, I'm Bob Lutz, and this is the Cadillac CTS-V Drive Challenge." General Motors Co.'s marketing chief dons his monogrammed helmet and puts Cadillac's 550-horsepower sedan through some warm-up laps at Monticello Motor Club, a members-only track. In what might have passed as a dismissible moment of Lutz braggadocio, "Maximum" Bob has challenged anyone with a four-door sedan to beat his 2010 CTS-V. Though not a showman by trade, Lutz is bankable for amusing, bald-faced assessments of his employer, his critics and the auto industry at large.

Koenigsegg Agera & Agera R 2012 updates

The Agera & Agera R get a raft of tweaks for 2012 Koenigsegg has revealed improvements to the Agera and Agera R for 2012, which will debut at Geneva next week. We’re not sure just how many Koenigsegg Agera R models have actually been built and delivered (or the standard Agera R, for that matter), but however many it is it’s not more than a handful. Still, standing still means going backwards – whether you’ve built a single car or a million – so Christian von Koenigsegg and his men in the snow in a shed in Sweden have been busy putting the Agera and Agera R at the cutting edge for 2012 models.