Jeep Wrangler 4.0l Engine Value Cover. Oem on 2040-parts.com

Saab turns down takeover offer from Chinese investors

Swedish Automobile, owner of Saab, has turned down a takeover offer from China's Zhejiang Youngman Lotus Automobile Co. and Pang Da Automobile Trade Co. Youngman and Pa Dang signed a nonbinding memorandum in July to take a combined 53.9 percent stake in Swedish Automobile for about $338 million.

Mercedes SL65 AMG (2012) first official pictures

If you're wondering why Mercedes is persisting with a twelve-cylinder SL in this downsizing era, understand this: the new 2012-spec SL65 AMG exists purely because many buyers at this end of the market demand more of everything. So a Mercedes SL65 AMG with a hulking bi-turbo 6.0-litre V12 has been launched for customers in China, the Middle East and other emerging markets, where millionaires are numerous and fuel prices less of an impediment to sizeable sales. Over here, we'll just ogle the price tag well into six figures and stick with the big-selling SL350 or SL500.

Jeep uncovers the 2012 Grand Cherokee SRT8 packing 465 hp

Following a one-year hiatus, Jeep is returning the fire-breathing Grand Cherokee SRT8 to the lineup for 2012, which made its world debut at the New York Auto Show. Central to the changes is a new 6.4-liter Hemi V8 engine producing 465 hp and 465 lb-ft of torque--a 45-hp and 45-lb-ft improvement over the outgoing 6.1-liter unit. Jeep says the SRT8 is good to hit 60 mph in 4.8 seconds, cover the quarter-mile in the mid-13-second range and reach a top speed of 155 mph.