Spectra Premium Industries Inc Sp6140m Fuel Pump Module Assembly on 2040-parts.com

Chinese bank may join Saab rescue deal

Saab's owner, Swedish Automobile, said on Monday it is discussions with a bank in China and Chinese automaker Zhejiang Youngman Lotus Automobile over a rescue deal for Saab. Reports had said on Sunday that the Bank of China would replace China's Pang Da as an investor in Saab, which is under bankruptcy protection. Swedish Automobile confirmed Monday that it is talking with Youngman and a bank in China about an equity interest, but did not name the bank.

Schreyer: More than a designer of products I wish to be an architect of Hyundai's brand image

There's no denying Peter Schreyer has been instrumental in turning around Kia's image from a manufacturer of wheeled white goods in a creator of design-led products. Now his attention turns to sister company Hyundai in his role as chief design officer for both companies and his plans are no less ambitious. "More than a designer of products I wish to be an architect of Hyundai's brand image," he told an audience at Hyundai's European headquarters, explaining how his job is not simply 'styling' but communicating the brand's message right down to details such as the seatbelt warning buzzer.

Mercedes-Benz to attempt longest-ever powerslide

Mercedes-Benz aims to top the current world record for the longest-ever powerslide this weekend at the Brooklands circuit in Surrey in the United Kingdom. Mercedes driver Mauro Calo will spend about four minutes sliding either an E63 or a C63 AMG sedan in a 55-mph, third-gear drift. The goal is to rack up 10,000 feet (nearly two miles) sideways, obliterating the existing record of 8,000 feet.