300m 2002 Clock 463435 on 2040-parts.com

Saab owner and Chinese investors continue talks regarding takeover deal

Talks between Saab's owner Swedish Automobile and two Chinese investors on a takeover deal to rescue the ailing carmaker will continue even though a memorandum of understanding signed by the parties only runs until Tuesday, Saab said. "They (the parties) are still in discussions about the structure of the deal going forward and they are continuing their cooperation as if the memorandum of understanding continues," Gunilla Gustavs, a Saab spokeswoman, told Automotive News Europe. The Chinese companies, Pang Da Automobile Trade Co.

Volvo V70 (2007): unveiled

By James Mullan First Official Pictures 02 February 2007 09:09 New Volvo V70: the lowdown Today heralds the launch of a new Volvo of the sort that’s shaped the world’s view of the Swedish company: a large, luxury estate. The new V70 is more practical, roomier and – surprise, surprise – faster than its predecessor. Volvo has attempted to spice up its oh-so-sensible estate by installing the T6 six-cylinder 285bhp 3.0-litre turbo.

2011 GMC Sierra debuts with new Denali version, more power

GMC is making going to work a bit more stylish--but still with plenty of grunt-- with the first-ever offering of its Denali trim on the Sierra heavy-duty line of trucks. The 2011 Sierra heavy-duty range was revealed Wednesday in St. Louis at the National Truck Equipment Association Work Truck Show.