Cessna 172 Skyhawk Wing Tips on 2040-parts.com

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Hyundai i40 Saloon European launch at Barcelona

Hyundai i40 Saloon - Europe's own i40 saloon gets launched at Barcelona It’s all been topsy-turvy, the launch of the Hyundai i40. Not only did most of the world get the i40/Sonata ahead of Europe, but they got a different car too. And then when Europe did get the i40 they didn’t even get a saloon car like the rest of the world.

Early cars, fashion on display at the Petersen

Automotivated, a new exhibit at the Petersen Automotive Museum in Los Angeles, traces the evolution of clothes worn in cars--from the bulky circus-tent stuff people had to wear to keep from freezing to death in the jangly, open-topped conveyances of 100 years ago, up to the height of the European Concours in the 1920s and '30s, when what you and your date wore was just as important to winning best of show as the styling of your Delahaye/Delage/Talbot Lago. “In the earliest days of the automobile, you were sitting on the car, you weren't sitting in it,” said Leslie Kendall, curator at the Petersen. So the first section of the exhibit shows people (mannequins dressed as people) in heavy, practical overcoats, scarves and goggles.