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Former Ford exec Theodore shows off lighter chassis at SAE

Automakers are facing tougher government regulations for fuel economy, and one former Ford and Chrysler executive says he has a solution Chris Theodore, best known for his work on the Ford GT and Dodge Viper, has designed a vehicle chassis that he says will provide automakers with weight savings, cut manufacturing costs and make electric vehicles more economically viable. Theodore is showcasing his proof-of-concept Uni-Chassis at the SAE World Congress this week. It uses the powertrain and suspension of the GT, under an agreement with Ford.

Cosworth Impreza STI CS400 revealed

The power and guile of Cosworth’s long history in Formula One is being infused into the Subaru Impreza. The result is a turbocharged 395-hp demonic hatch with bolstered brakes and suspension pieces for truly performance-driven enthusiasts: It’s called the Impreza STI CS400. Here’s the rub: Just 75 copies will be made--exclusively for Great Britain.

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.