Red Honda Ruckus Zoomer Nps50 Lower Lowering Drop Seat Bracket Frame on 2040-parts.com

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

New Jeep Renegade arrives: Geneva Motor Show

The new Jeep Renegade debuts at Geneva There’s plenty of choice if you want an compact faux SUV for the urban jungle, but the new Jeep Renegade – revealed at the Geneva Motor Show – promises to be able to do real off-road stuff as well as be a City warrior. Reviving a historic Jeep name, the new Renegade gets styling that shouts traditional Jeep – from its boxy shape, square wheel arches and upright look – and, even though it’s based on the underpinnings of the Fiat 500L (and the soon to arrive Fiat 500X), it conspires to be all American despite its Italian roots and diminutive size. Despite the rather retro look, the modern underpinnings borrowed from the 500L promise to be an effective basis for a compact Jeep, especially as Jeep has modified the setup to offer all independent suspension.

Geely Englon TXN (w/ Gallery)

Geely is poised to show 39 new vehicles at the forthcoming Auto China 2010 motor show in Beijing, among them will be this new TXN taxi. While most of the new cars on show won't be built around entirely new sheet metal - some will feature new powertrains, for example - the Englon TXN is indeed all-new. Sitting in Geely's Englon range, a sub-brand initially created for the taxicab, the TXN is intended as a replacement for the aging TX4 built by British automaker LTI (as well as at Geely's Shanghai Maples factory).