Polaris 2004 Msx 140 Ho Cylinder Head Jet Ski on 2040-parts.com

Saab calls off deal with Chinese automaker

Saab parent Spyker Cars NV said Thursday that a strategic partnership deal with China's Hawtai Motor Group that would provide cash to help Saab turn around its business has been terminated. As a result, Saab may enter into a new strategic partnership with Hawtai or another Chinese party on manufacturing, technology and distribution in China, Spyker said in a release. "Since it became clear that Hawtai was not able to obtain all the necessary consents, the parties were forced to terminate the agreement with Saab Automobile and Spyker with immediate effect.

Fisker about to be bought by Volvo’s Chinese owner Geely?

It’s reported that China’s Geely – which bought Volvo from Ford – is about to take a majority stake in Fisker Automotive. But Fisker has run in to big problems when its battery supplier - A123 Systems – went bust leading to Fisker production grinding to a halt. That has now been resolved with China’s Wanxiang Group buying up A123 Systems and it looks like Fisker is heading East too with Geely set to grab a majority shareholding.

Mini John Cooper Works

By James Foxall Motor Shows 04 March 2008 14:42 So what's new on Mini's Geneva Motor Show stand? It was all about John Cooper Works at Mini with the firm showing off the most powerful version yet of its car in hatchback and Clubman forms. Impact was diluted by official pictures being released a couple of weeks ago but in hatchback form it's still a sharp looking sporty adaptation of the regular Cooper S.