Cequent Fulton Two Speed Trailer Winch2000 Lb 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.

Amazing barn-find auction totals £1m

THE LARGEST collection of ‘barn find’ cars ever assembled in one auction has raised more than £1 million. The auction, which included amazing and rare lots including Aston Martins and Jaguars, was the first of its kind and took place at Silverstone Auctions’ Practical Classics Restoration Show. More than 85% of the cars put up for sale have found new owners.

700hp ML63 AMG off-roader by Brabus revealed

This in-your-face hunk of high-speed SUV is Brabus’ B63S–700 Widestar, the latest super-powerful conversion from the German Mercedes-Benz tuners. This time the aftermarket fettler has turned its attention to Merc’s already rather powerful ML63 AMG off-roader, adding some fairly garish visual modifications and performing some even crazier tweaks underneath the bonnet ahead of the car’s debut at the 2013 Frankfurt Motor Show next month. Please click on the image above to read more on the Brabus B63S–700 Widestar