Datsun 240z Window Crank on 2040-parts.com

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

New Nissan Altima guns for bigger slice of midsize-sedan segment

Nissan North America has launched production in Tennessee of the redesigned 2013 Altima sedan that it hopes will challenge the family-sedan supremacy of the Toyota Camry. "We didn't put all of the investment into this product and put in all the features with an expectation to be No. 2," said Bill Krueger, vice chairman of Nissan Americas, after the first 2013 model rolled off the line in Smyrna, Tenn., on May 15.

Mercury fading: A look back at some of the brand's milestone cars

Rarely do we at AutoWeek like to see a nameplate get deep-sixed. When one does, we enthusiasts get a little nostalgic. Whether it's remembering the one our grandma had or the piece of junk we bought after high school, no brand lives for more than 70 years without a few high points.