Nissan 999f3xz000 Interior Accent Lighting on 2040-parts.com

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

Porsche 911 GT3 R hybrid back to racing in 2012

Porsche will return to the track in 2012 with the third generation of its rolling laboratory, the 911 GT3 R hybrid. The company continues to push its technology, noting its future in the sport. “There is no way around the hybrid technology in motorsport,” said Wolfgang Hatz, board member for research and development.

Geneva Motor Show 2012 Live web cams

Geneva Motor Show 2012 Live Web Cams With the 2012 Geneva Motor Show about to start, we thought we’d put up a couple of live web cams so you can take a peek. The biggest car show in the world is about to kick off in Switzerland with the 2012 Geneva Motor Show on the eve of its opening. We’ve already previewed what we already know is on the way at Geneva 2012, and you can keep up with all the latest news from Geneva by keeping an eye on our Geneva 2012 home page.