Proforged Chassis Parts Sway Bar Link Front New Jeep Cherokee 113-10004 on 2040-parts.com

Office drifting redux: Hyundai slides back

Alright Rhys Millen, you've won this round of office drifting, but you haven't won the war! Hyundai star and Pike's Peak champion Millen released a video on Thursday of a joyride through the empty ex-offices of HMA in Fountain Valley, Calif. Wonder where they got that idea?

Salon Privé 2010: The Cars

Salon Prive 2010 gets underway today for three days Salon Privé. It’s an event we are always happy to cheerlead because it offers a  great day out in great surroundings together with some of the best and most interesting cars on the planet – with complete access. Salon Privé 2010 kicked off today in the sumptuous grounds of the Hurlingham Club in Chelsea under an azure sky with just a trace of mackerel cloud for most of the afternoon.

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.