Yamaha 61a-21750-00-00 Oil Tank Assy on 2040-parts.com

Saab enters Court Protection – just as we predicted

Victor Muller takes Saab in to Court Protection Two weeks ago we reported that Saab were about to seek court protection from its creditors in a bid to buy time until investment from China arrives. And that’s exactly what’s happening. Saab are waiting for investment funding from China – via Pang Da and Youngman – totalling €245 million which should put Saab back on a solvent footing – at least for a while – and allow the beleaguered Swedish car maker to resume production and push on with future plans.

Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

2014 Audi A8L TDI priced at $83,395

Audi will set the price of the 2014 A8L TDI luxury sedan at $83,395, including an $895 destination charge, the automaker said on Thursday. The addition of this vehicle gives the four-ringed marque a total of five A8 variants. The diesel A8L uses a turbocharged 3.0-liter engine that makes only 240 hp, but kicks out a very diesel-like 406 lb-ft of torque.