Toyota Porte 2007 Front Left Lower Arm [1251740] on 2040-parts.com

Saab gets a ray of hope from China

Victor Muller sees a glimpse of sunshine from China The saga that is the long and painful demise of Saab seemed to reach its nadir last week when courts in Sweden refused to offer the beleaguered car maker sanctuary in its protection. We thought that would be the end for Saab – despite a never-say-die appeal of the decision by Victor Muller, due to be heard tomorrow – with nowhere left to hide from trade supplier debts of €150 million, and the wrath of Sweden’s unions ready to file for Saab’s bankruptcy over unpaid wages for Saab employees. The nadir for Saab should reasonably be followed by its rapid consignment to the annuls of motoring history, but a tiny glimmer of hope has risen from Saab’s putative investors in China.

Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.

Movie Review: 'Need for Speed'

Even in death, Carroll Shelby still touches us from the heavens above, where we mortals pay tribute in celluloid. The first half of "Need for Speed" (which opens March 14) concerns a Ford Mustang that was "the one Carroll Shelby was building when he died," the characters gush and stumble, barely expressing their praise quickly or coherently enough. "The chariot of the gods," someone says; it's worth "two million, minimum," says someone else.