Painting Stand Nts 3420102 on 2040-parts.com

Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Mazda opens new plant in Salamanca, Mexico

Mazda Motor Corp. chairman Takashi Yamanouchi opened the company's new small-car assembly plant in Mexico today, calling it the company's "most important global strategic base." The factory, which will produce up to 230,000 vehicles each year, is a cornerstone of the structural reform plan "upon which the very future of company hinges," Yamanouchi said in remarks prepared for the opening ceremony. "Mazda's Structural Reform Plan, upon which the very future of the company hinges, positions this plant as our most important global strategic base," Yamanouchi said of the factory, which is about three hours northwest of Mexico City in Guanajuato State.

Aston Martin won’t be proclaiming ‘Powered by AMG’ on its Mercedes-engined cars

Aston Martin won’t be using ‘Powered by AMG’ badges It was a long time coming, but Aston Martin finally found a way to replace their ageing engines by doing a deal with Mercedes AMG to use their very impressive powerplants. And it seems that, depite AMG’s willingness to provide Aston Martin with modern engines, AML aren’t going to be required to put AMG badges on the bodywork or engines of their very beautiful cars. Speaking to Autocar, Mercedes boss Dieter Zetsche said that Mercedes were very happy to have done a deal with AML and equally as happy to be subtle about the arrangement.