Sw6010 Switch Asy - Steering Wheel (ford) on 2040-parts.com

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab 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.

Chevy Volt production increased – or is it just PR Flim-Flam?

The Chevy Volt - Production increase? Chevrolet recently opened the order book for its ‘company-saving’ range extender vehicle that is the Chevy Volt. And the price was not too stupid at around $41,000, although that still seems an awful lot of money for a car of the size and specification of the Volt.

Ferrari FF gets 875bhp with E85 conversion

Ferrari FF E85 conversion gets 875bhp If the performance of the Ferrari FF with 650bhp isn’t enough for you, how about a bio-ethanol (E85) conversion with 875bhp? Despite Ferrari anoraks claiming the Ferrari FF isn’t a real Ferrari, we think it’s stunning. With a glorious V12 producing 650bhp, 0-60mph in 3.7 seconds, room for four – and their luggage – and a go-anywhere 4WD system, we think it’s a masterpiece.