Standard Motor Products Em8706 Remanufactured Electronic Control Unit 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.

Crash injuries force Franchitti to retire

SCOTTISH RACING STAR Dario Franchitti has been forced to retire after suffering a number of injuries in a high-speed crash during a race in the US last month. The four-time IndyCar series winner spent five days in hospital after suffering concussion, a fractured vertebrae and a broken ankle in the last-lap crash at the Grand Prix of Houston in Texas. Franchitti, originally from Bathgate, West Lothian, said he had taken the decision based on medical advice.

Scion FR-S concept

Another day, another variation on the fabled Toyota FT-86. Following on from the FT-86 II at Geneva and the re-emergence of the original version at the Seoul Auto Show, New York played host to the Scion FR-S concept. Unsurprisingly, the FR-S boasts the same front-engine, rear-wheel drive sports car demeanor - hence the name - but differs visually from the other variations from the long awaited Toyota.