Lokar Sk-6916 Auto Transmission Shifter Knob on 2040-parts.com

Saab says it will restart production after securing short-term loan

Saab aims to restart production within a week after its owner, Spyker Cars, secured a 30 million euro ($44.7 million) short-term loan to help ease its cash crunch. Spyker said it will borrow the money from Gemini Investment Fund in a convertible loan agreement with a 6-month maturity. The interest rate of the loan is 7 percent a year and the conversion price is 4.88 euros per share.

Volvo Concept Estate revealed ahead of Geneva

The Volvo concept estate (pictured) debuts at Geneva We had the first glimpse of what we now know is the Volvo Concept Estate over the weekend when a Swedish raincoat manufacturer published a series of teaser photo sof the latestr Volvo Concept, and now Volvo has revealed it ahead of a Geneva debut. Just as the Volvo Concept Coupe was a modern interpretation of the icon Volvo P1800, the Concept estate is a reworking of the car the P1800 became in its final iteration – the Volvo P1800 ES. The P1800 ES was a Shooting Brake in the proper car sense – none of the modern interpretation where a Shooting Brake has become a four-door coupe estate – and the Concept estate is just the same – a two-door coupe with a stylish estate rear.

Detroit Electric, Geely to develop fleet EVs for China

Geely Automobile Group and startup electric automaker Detroit Electric Inc. have agreed to develop electric vehicles and electric drivetrains for sale in China. Under the deal, the first EV will be a modified version of Geely's Emgrand EC7, which will go on sale early next year.