Fish Hawk Thermo Troll 840 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.

Land Rover considering smaller Range Rover Evoque

Land Rover’s Design Director. Gerry McGovern says they are considering a new model to sit below the Range Rover Evoque. The latest car news from Land Rover has centered around the 2013 Range Rover, the flagship of the Land Rover range and a car without equal.

Ariel Atom V8- it’ll tear your face off!

Ariel are to build the Ariel Atom V8 - with 500bhp! But now Ariel has gone barking mad and decided that what the mighty Ariel Atom needs is more power. More Power?!