Standard Ignition Idle Air Control Valve Ac56t on 2040-parts.com

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.

Driving licence charges set to fall

DRIVING LICENCE fees are to fall, with larger reductions for those who carry out online transactions, the Government has announced. The plans, which are to be consulted on, envisage drivers who apply online for their first driving licence would see the fee drop from £50 to £34. Drivers who renew their licence after 10 years would see the fee drop from £20 to £14.

2012 Mercedes E63 AMG gets Twin-Turbo 5.5-Litre V8: New York 2011 Catch-up

2012 Mercedes E63 AMG with twin-turbo V8 It’s always the same; however hard we try there’s always something of proper interest that slips through the net when there’s a motor show on, and this time there’s likely to be more as New York and Shanghai are in full swing at the same time. Excuses out of the way, we thought we ought to take a look at the 2012 Mercedes E63 AMG, which has had a heart transplant to get Mercedes’ latest 5.5 litre twin-turbo V8. Out goes the naturally aspirated 6.2 litre V8 and in comes the forced-induction jobbie, promising more torque and much better economy.