Cardone 22-1004 Rack & Pinion Complete Unit on 2040-parts.com
Grand Rapids, Michigan, US
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Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED
Mon, 31 Oct 2011Saab: 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.
Volvo 13-liter liquefied-natural-gas engine announced for North America
Mon, 21 May 2012It comes as no surprise that, with rising fuel costs, companies are continuing their efforts to increase efficiency. Volvo Trucks, for its part, plans to launch a 13-liter liquefied-natural-gas engine for North America in 2014 and is set to develop a new form natural-gas fuel called DME, or dimethyl ether. Volvo looks to add the liquefied-natural-gas option to complement its compressed-natural-gas (CNG) offerings.
Experiment Proves A Testing Time For Experienced Drivers
Thu, 29 May 2014WOULD you pass your driving test second time around? Insurance company Direct Line wanted to answer that age-old question, and gathered 50 experienced drivers and put them through the standard driving test to find out. The result was that more than three quarters of them failed, with those that did recording an average of three serious or dangerous faults, with one participant committing 10 major faults.