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Crane Cams shuttered, according to report
Wed, 25 Feb 2009Legendary camshaft company Crane Cams appears to have gone out of business this week. The Daytona Beach News-Journal, is reporting the 56-year-old Daytona Beach, Fla., company has been shuttered and its workers laid off. Crane's parts have become synonymous with performance and have been used by A.J.
2010 Nissan Qashqai facelift
Wed, 11 Nov 2009A camouflaged 2010 Nissan Qashqai caught testing recently Update 4/12/2009: We now have pictures of the 2010 Nissan Qashqai. The Nissan Qashqai has been a big success for Nissan. A very able crossover / Estate / SUV thingy, it has certainly made its mark since its introduction in 2007.
Saab gets latest lifeline via $5 million infusion from Chinese company
Tue, 13 Dec 2011Saab has been on the edge of collapse since a cash shortage early this year forced it to halt production. Now Automotive News reports that a last-minute payment from China's Zhejiang Youngman Lotus Automobile has given the Swedish carmaker yet another shot. Youngman wants to get a stake in Saab and has taken the first step by giving the company $5 million to cover tax expenses, with another $26.43 million forthcoming for unpaid salaries and $13.18 million more before the end of December.