Volvo Penta Charge Air Cooler, #21928775 on 2040-parts.com

Saab says asset sale to BAIC gives it cash for a fresh start

Saab believes that a deal to sell some key assets to Beijing Automotive Industry Holdings Co. will help secure the money-losing automaker's future. "The money will finance the new Saab and contribute to a good start under new ownership," Saab spokeswoman Gunilla Gustavs said without revealing financial details of the deal.

Opel not for sale, GM exec says

General Motors Vice Chairman Steve Girsky says Opel is not for sale. "We're developing plans to make Opel work," he said at the Automotive News World Congress on Tuesday. Opel and PSA/Peugeot-Citroen were mentioned as possible targets of Fiat-Chrysler CEO Sergio Marchionne, who said on Monday he may seek to combine his company with another automaker to increase efficiencies and cut development costs.

Audi planning five Eco models

[ad#ad-1] As we’ve noted before, Audi has a niche for every buyer, from hatchback to supercar, with a good dose of SUV / people carrier on the way. But with the world becoming ‘Eco’ obsessed, there are plans now unfolding to put Audi at the heart of this revolution. Audi doesn’t tend to do things by halves, and its plans for an eco range, as reported by Car Magazine, go far further than most manufacturers.