Dorman 970-010 Abs Wheel Sensor on 2040-parts.com

Saab files for reorganization, seeks $1 billion to survive

Saab is seeking $1 billion (793 million euros) to be self-financing, the company said on Friday after it filed for reorganization under a self-managed Swedish court process. The General Motors-owned Swedish brand said it will work "to create an independent business entity" and will concentrate production, design and engineering in Sweden. Saab said it would continue to operate as normal during the reorganization process, with GM and the Swedish government providing some support.

Lorenzo Ramaciotti to head Chrysler and Lancia design

Lorenzo Ramaciotti, current head of design at Fiat Group, has been tasked with leading the design of future Chrysler and Lancia products in a bid to more than double the sales figures of the newly collaborated brands. The 63-year-old former Pininfarina designer – credited to some of the most beautiful Italian machinery of the modern era – has been asked by Sergio Marchionne, chief executive of Fiat and Chrysler Group LLC, to create a common styling language for the two brands that wouldn't look out of place in Detroit or Milan. Ramaciotti has made it clear that badge-engineering isn't going to be the future for the two brands and is hoping to inject a unique, but global flavor, into the two brands.

First production Pontiac Aztek hits eBay

The Pontiac Aztek may be the most hated American car in the history of American cars, which is really saying something. But lately, it's begun to acquire the kind of appeal that has made other oddballs -- such as the AMC Pacer and Ford Pinto -- beloved collectibles among a certain segment of the car community. Hell, we were just cruising eBay for Azteks the other day.