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Saab gets latest lifeline via $5 million infusion from Chinese companyTue, 13 Dec 2011Saab 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. UK has 'highest car running costs'Tue, 26 Nov 2013THE UK is the most expensive country in the world for running a car, according to a new survey. Comparing the cost of fuel, insurance, road tax and MOT, on average it costs the UK motorist £3,453 a year, which is £1,000 more than in the USA and Australia, £1,825 than Japan and a full £2,000 more than in China. The survey, conducted by Webuyanycar.com, compared the cost of motoring in 21 countries on five continents, and revealed that on many fronts the UK motorist is paying more than anyone else. VW Passat Alltrack (2012) first official picturesWed, 23 Nov 2011The poor man's Audi A6 Allroad? The new Volkswagen Passat Alltrack follows a well-trod path to create a more rugged estate car with some of the accoutrements of an SUV. Set to be unveiled at the 2011 Tokyo motor show at the end of November, the new Passat in wellies will arrive in UK dealers in July 2012. 2040Parts.com © 2012-2024. All Rights Reserved. Designated trademarks and brands are the property of their respective owners. Use of this Web site constitutes acceptance of the 2040Parts User Agreement and Privacy Policy. 0.026 s, 11771 u |