Mercedes W211 E320 E350 E500 E55 Amg Center Hvac Control Switch Panel Module on 2040-parts.com

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Saab's future could be bright

Saab is planning a return to its old-brand values with an extended model range as it prepares for a new, independent future owned by a joint U.S.-Scandinavian investment team. Swedish supercar maker Koenigsegg grabbed headlines as the buyer from General Motors, but Koenigsegg is just one of at least three major investors. The others are West Coast entrepreneur Mark Bishop and Norwegian holding company Eker Group.

Porsche will return to Le Mans LMP1 class in 2014

Porsche have announced their intention to return to top-level sports prototype racing in 2014, with a car to compete in the LMP1 class at the Le Mans 24 Hour race. Porsche: Most successful manufacturer at Le Mans The Zuffenhausen-based carmaker has plenty of heritage to draw upon as it enters its LMP1 car development programme. Porsche have won the Le Mans 24hr race 16 times since 1970 with racing models including the 917, 956, 962 and 911GT1.