Pivot Works Pwffk-k09-021 Fork Seal/bush Kit on 2040-parts.com

PACE's global Portable Assisted Mobility Device project gets underway

The Partners for the Advancement of Collaborative Engineering Education (PACE) has challenged selected global college teams to design a Portable Assisted Mobility Device (PAMD) that will help solve mobility and sustainability problems within megacities in 2030. Each team of selected global colleges will consist of one Industrial Design Institution and several Engineering and Manufacturing Institutions, with students working alongside their professors and industry mentors to help develop their designs for a small power-assisted vehicle that can be taken on public transport, stowed or carried indoors.  The PAMD concepts are designed to carry one passenger and their personal items such as a briefcase or backpack. The PAMD must address the transportation issues as the population grows within a target market that the teams specify.

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.

Audi A3 hatch, Sportback and saloon (2012) sketches

Audi has released a batch of official design sketches revealing the new 2012 Audi A3. This is our first glimpse of the new A3 hatch, A3 Sportback and A3 saloon. There will be another A3 cabriolet, but no renderings have been issued yet.