2007 Seadoo Gti Gtx Rxp 4 Tec Engine Motor Oil Pump And Housing on 2040-parts.com

GM agrees to sell Saab to supercar company Koenigsegg

General Motors confirmed Tuesday morning that it has a tentative agreement to sell Saab to a group led by Swedish supercar maker Koenigsegg Automotive. The deal would close by the end of the third quarter and put Saab in the hands of an upstart, boutique car company known for producing eye-catching cars with gaudy horsepower ratings and even gaudier price tags. The agreement includes $600 million in financing from the European Investment Bank.

Used car market pressure eases

AN INCREASE in the number of used cars coming into the market has “taken the edge off prices” and calmed some corners of the industry, according to used car pricing experts CAP. A greater influx of part-exchange cars arriving at dealers is partly responsible, and with many franchised dealers focusing for the time being on selling those vehicles, competition to acquire stock on the open market has decreased. CAP reports that the pressure has been lifted on some dealers who had become frustrated at how expensive it was becoming to source cars at fair prices.

Mitsubishi bringing i MiEV Sport Air concept to Geneva

Mitsubishi will show another iteration of its sporty micro-size electric car with the debut of the i MiEV Sport Air concept at the Geneva motor show in March. Building on the i MiEV Sport, which we first saw at the Tokyo motor show in 2007, Mitsubishi adds a clear removable roof and slight alterations to the front fascia. A lithium-ion battery powers three magnetic synchronous motors--one in each front wheel and one to drive both rear wheels--with an all-wheel control system managing stability and traction control, and ABS for optimal stability and performance.