Toyota Bb 2002 Front Left Caliper [3544360] on 2040-parts.com

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: China to invest $7.5 billion Update: We have now been told by Saab that Pang Da and Youngman are to provide €50 million immediately and €600 million for short to medium finance. Funding for the revised business plan and provide long-term financial stability the new Chinese owners have also budgeted funding for the planned expansion of Saab Automobile’s portfolio and additional operations to be set up in China There will be a reduction of 500 in the employee numbers. Sales targets for 2012 of 35-55,000 cars and 2013 of 75-85,00 and long-term of 200,000 cars a year Interestingly, Saab says that ‘Saab Automobile has not received the funds from Pang Da and Youngman that have been committed for today.’ Oh, well. Although the deal which will see Saab sold to China’s Youngman and Pang Da is still subject to a raft of approvals – Swedish Debt Office, EIB, GM, Chinese Government… – it seems the Chinese have big plans to invest up to $7.5 billion in Saab in the coming years.

Hamilton takes pole for McLaren in Abu Dhabi F1 UPDATED

Lewis Hamilton has beaten the Red Bulls of Vettel and Webber to take pole for tomorrow’s F1 Grand Prix in Abu Dhabi. Update: Vettel has been relegated to the back of the grid for the Abu Dhabi Grand Prix as he didn’t have enough fuel in his car for a fuel sample to be taken. Which changes the whole dynamic of tomorrow’s race – and the championship.

Aston Martin DBS Ultimate Edition mooted as run-out special

Aston Martin DBS Ultimate Edition planned The Aston Martin DBS is to be refreshed at the end of 2012 and AML look set to produce a run-out model – the DBS Ultimate Edition. There’s no doubt that Aston Martin likes a variation on a theme, and has a real penchant for a limited edition car whenever a suitable occasion can be found. So a run-out model for the current DBS is a given.