Engine Coolant Temperature Sensor Standard Tx205 on 2040-parts.com

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.

GM improves, Toyota slips as industry sales decline eases

Ford, Honda and General Motors posted their smallest sales declines of the year in April, while Nissan and Toyota had their largest, as the industry improved from depressed levels of February and March. Drops of 33 percent at Ford Motor Co. and GM were in line with analysts' forecasts, as was American Honda's 25.3 percent slide.

One Lap of the Web: Loewy, Knieval and an evil Capri

-- If you've been on Google today, you may have noticed the tribute to famed industrial designer Raymond Loewy who penned, among countless other icons, the Studebaker Avanti. Loewy was born on November 5, 1893 -- read more about his life and designs here, and about his Studebaker Avanti here. -- Courtesy of an English auto body shop, this series of photos is a must-see for anyone contemplating the purchase of an old car.