Camaro Accelerator Pedal Ball Stud, Big Block, 1970-1972 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.

Poll: Would you buy a Hyundai i20?

Last week we asked you if you'd be interested in a Nissan Micra, which is built in Mexico and is available in Canada and dozens of other countries, but not in the U.S. A substantial majority of our readers, 77 percent, voted that they would be interested in buying the $9,100 Micra if it was sold in America, a slightly lower percentage than for most of our past foreign-vehicle polls (which were all quite different, it should be noted). The Micra essentially offers the same engine and almost the same amount of interior space as the Nissan Versa Note at 2/3 the price of a stateside Note, which is already considered to be about as spartan as it gets despite a $14,780 price tag.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.