Pontiac Firebird Trans Am Rims Rare Red Honeycombs on 2040-parts.com

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Aston Martin SP10: V8 Vantage S Special Edition – not for UK

Aston Martin has revealed a new Special Edition V8 Vantage S – the Vantage SP10 – inspired by the GT4 Race Series. Not available in the UK. But in recent years automatic gearboxes have got very clever, and the modern auto ‘box can work the cogs better than Michael Schumacher on a good day.

SAIC merges with Nanjing

By Keith Adams Motor Industry 28 December 2007 15:27 Is the Chinese car industry learning to rationalise?  Absolutely. In order to attack world markets, China’s government and its largest automotive players have been getting cute. There’s a rush to merge or combine in order to compete in international markets.