Drum Brake Wheel Cylinder Rear Wagner Wc122406 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.

Hennessey Venom GT sets new 270mph world speed record

The Hennessey Venom GT has set a new world speed record for a two-seat sports car, hitting an official top speed of 270.49mph. Carried out on the 3.2-mile Space Shuttle landing strip at the Kennedy Space Center in Florida, USA, the Venom GT eclipsed the former fastest car in the world’s record, the 267.86mph Bugatti Veyron Super Sport. On Bing: see pictures of the Hennessey Venom GTHennessey Venom GT reaches 265.7mph top speed It’s not the first time the Lotus Exige-based sports car has tried to take the French marque’s crown, with previous tests getting oh-so-close to beating the Bugatti.

First Sight: Divine DS concept

To mark 100 days since the announcement that DS was to become a brand of its own, separate from Citroën, it has created the Divine DS concept – a self-styled manifesto for the new marque. We traveled to Citroën's DS' design center on the southern outskirts of Paris to be amongst the first to see this statement of intent and speak to the people behind its creation. "This concept car is the very essence of what DS is and what it will be," declares Yves Bonnefont, the CEO of the DS brand.