Stainless Washable Cone Filter + Cold Air Intake 02-05 Civic Si Blue Aluminum on 2040-parts.com
Rowland Heights, California, US
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Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: 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.
Concept Car of the Week: Bugatti 18/3 Chiron (1999)
Fri, 22 Nov 2013In 1998, Volkswagen AG acquired the French company Bugatti with the intention of restoring it to its former glory. After the luxurious EB112 and EB118 concepts, Ferdinand Piech commissioned Italdesign to work on another prototype: a Bugatti flagship supercar – the Chiron. While its predecessor, the mighty EB110, was a fantastic and bold design, it lacked a real Bugatti character.
Redesigned 2011 Chrysler 200 convertible revealed early
Sun, 16 Jan 2011Photos of the redesigned 2011 Chrysler 200 convertible have hit the Internet, weeks before its planned official debut. Images of the 200 convertible, which replaces the Chrysler Sebring convertible, apparently leaked onto the Web in Europe. The car likely will make its formal debut at the Chicago auto show in February or at the New York auto show in April.