Tom's T020 Mr2 Rear Bumper on 2040-parts.com

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Spyker said to be General Motors' only candidate to buy Saab

Spyker Cars NV is the only buyer under consideration for the Saab brand and is seeking to line up funding that will satisfy General Motors Co., a person with direct knowledge of the situation said. Financing has been a main obstacle to a deal, said the person, who declined to be identified because the information isn't public. The proposal from Spyker, a Dutch sports car maker, had included a Russian partner that GM rejected, and Spyker was seeking to arrange financing that didn't include that partner, the person said.

Kia K9 sedan, camouflaged Sportage spied testing

Kia was doing a bit of vehicle testing around Mammoth Lake, Calif., last weekend, and Autoweek reader Kristoffer Gjevre was there to capture the convoy. His photos show a camouflaged small SUV/ crossover and a completely undisguised K9 sedan backed up by Hyundai Santa Fe and Veloster support vehicles. Based on the roofline and A, B and C pillars, that small crossover appears to be a Kia Sportage -- and the heavy concealment at the front and rear of the vehicle suggest updated fascias may be in the works.