Rear Wheel Hub - Febest # 0282-n15a42r on 2040-parts.com

BMW and Toyota to team up for sports car

BMW and Toyota have agreed to jointly engineer and produce a new sports car as part of a broad-reaching technical partnership that is also set to center on lightweight construction solutions, fuel-cell development and hybrid powertrains. The announcement of the deal builds on an existing agreement for the supply of BMW diesel engines for various Toyota models, agreed to in December 2011. That was advanced with the signing of a memorandum by BMW CEO Norbert Reithofer and Toyota chairman Akio Toyoda in Munich, Germany, on Friday.

Saab: China’s Youngman submits new $2 billion offer

Youngman is committed to acquiring Saab The founder of China’s Youngman - Pang Qingnian – has revealed Youngman submitted a $2 billion offer to buy Saab from the administrators on 14th February. We’ve all seemingly written-off Saab as dead and buried; a once proud marque consigned to the scrap heap of history after the debacle of GM ownership and Victor Muller’s ill-fated battle to make Saab an in dependent marque. But there’s one man who hasn’t given up hope of securing a future for Saab, and that man is the Chinese billionaire founder of Youngman, the company which has already spent significant sums trying to acquire Saab, but has so far been thwarted by GM’s golden bullet.

Skoda Fabia RS 2000 (2011): the open-air hot-hatch

Skoda is the latest of the VW Group brands to unveil a showcar at the 30th annual Worthersee GTI festival in Reifnitz, Austria. Earlier in the week Audi unveiled their bloodshot-eyed meanie, the A1 Clubsport Quattro concept. Now the value-brand VW makers from Mlada Boleslav have unveiled the Fabia RS 2000.