Allstar Performance Roll Style Shop Towel Holder P/n 12221 on 2040-parts.com

Saab gets latest lifeline via $5 million infusion from Chinese company

Saab 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.

Chrysler Sebring and Dodge Avenger to get a new lease on life

With Fiat-based replacements still at least two years away, the Chrysler Group has delayed plans to kill its slow-selling Chrysler Sebring and Dodge Avenger, sources say. The two sedans were all but left for dead by previous owner Cerberus Capital Management. Now insiders say Chrysler intends to freshen the cars and keep them on the market until late 2012.

Nissan Leaf with advanced-driver assist to begin public road tests in Japan

Nissan is about to begin testing advanced driver-assist systems in the real world, and a new Nissan Leaf is serving as the test bed for these technologies. This is all a part of Nissan's development of Autonomous Drive, a goal to achieve virtually zero fatalities in accidents involving its vehicles by the year 2020. Autonomous Drive can be said to be a further development of Nissan's Safety Shield, a system that has a 360-degree view around the vehicle that scans for risks and provides warnings to the driver, intervening automatically if necessary.