Nos 1958-1959 Corvette Valve Covers Staggered Mounts 3726086 on 2040-parts.com

Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.

Ferrari 250 GTO sets new world record with £32 million sale

The Ferrari 250 GTO was already the most expensive car in the world ever sold: now, it has cemented its position as reports emerge of an example selling for a staggering £32 million ($50.3m). That’s an increase of almost 50% on the selling price of the former record-setting 250 GTO, an example built for Sir Stirling Moss and sold in 2012. The latest deal is a private transaction and both the identity of the new owner and the location of the car are being kept secret.

Volvo testing new safety features

Volvo outlined three new technologies that it says will help make the Volvos of the future a good deal safer: autonomous driving, “Intersection Support” and animal detection. Volvo says it's tailoring technologies to the way people drive, by which it means poorly. The company claims that “surveys from three different research institutes in the United States reveal that modern drivers spend 25 to 30 percent of their time behind the wheel doing other things, such as focusing on mobile communication.” Volvo's new technologies are said take this into account and “provide the driver with the right support at all times.” By using a camera and radar, future Volvos will be able to follow the car in front while driving in slow traffic using an autonomous-driving function.