Fox Pants 10/26 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.

Cars in the living room--art or furniture?

It takes a special kind of person to put a $100,000 supercar in the living room instead of the garage, but we say if you have the means, go ahead and do it. A photo collage that appeared on www.home-designing.com last week showed Ferraris, Maseratis and Lamborghinis sitting in houses as showpieces, like the works of art they are. Our enthusiast side says the owners should be out driving these spectacular pieces of machinery, but something tells us that if you have a Gran Turismo in the rumpus room, there's probably another one in your garage, too.

Mercedes C-Class Coupe: Geneva 2011 catch-up

Mercedes C350 BE C-Class Coupe on the Mercedes stand at Geneva The 2011 Mercedes C-Class Coupe does look very impressive on the floor at Geneva. But we do worry about how Mercedes are going to market it. It just doesn’t seem to fit.