Mercedes Benz E-class W-211 Rear Bumper Side Moulding on 2040-parts.com

Saab finds a buyer

Bankrupt automaker Saab has found a buyer. But instead of picking up where the Swedish firm left off, the buyer plans to use Saab's resources for the production of electric cars. The new owners of Saab, a Chinese-Swedish investment group with Japanese backing called National Electric Vehicle Sweden AB (NEVS), did not release details on how much it paid for Saab or how much it planned to invest in the company.

Lexus shifts LF-LC coupe concept to higher gear

The wild Lexus LF-LC coupe concept that wowed visitors at the Detroit auto show is on track for development, signaling a new direction for a brand that has fallen from first to third in the U.S. luxury sales rankings. Toyota is on a mission to make Lexus sportier and more compelling to potential buyers--and it starts with the LF-LC, which was designed at Toyota's Calty studio in Newport Beach, Calif.

2014 Corvette Stingray rated at 455 hp

The 2014 Chevrolet Corvette Stingray's 6.2-liter LT1 V8 engine has been rated at 455 hp at 6,000 rpm and 460 lb-ft of torque at 4,000 rpm -- the highest standard-power rating ever for the Corvette. An available performance-exhaust system boosts the rating up to 460 hp and 465 lb-ft of torque. Chevrolet says the new LT1 with standard exhaust has 25 more horsepower than the current Corvette's base LS3 6.2-liter engine, which is rated at 430 hp, and 41 lb-ft more torque compared with the 2013 model's 424 lb-ft.