Mini Cooper Control Original on 2040-parts.com

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

What the Future Holds, Nobody Knows

It's a testament to the talent, charisma and relative celebrity of Ian Callum, Derek Jenkins and Franz von Holzhausen - heads of Jaguar, Mazda and Tesla design, respectively - that they managed to captivate a crowd of industry insiders at the tail end of the Los Angeles Auto Show's second press-preview day. This despite being given a nebulous topic to discuss with a moderator who knew little about the subject. Dan Lyons, a technology columnist at Newsweek, oversaw the panel discussion that was to focus on "Tomorrow's Cars...Practical Transportation or Groundbreaking Design?" He asked only one question on that topic before digressing into a more general discourse on the design strategies of Jaguar, Mazda and Tesla.

Salon Privé 2010: Hypercar Heaven – including Panther Six

The Panther Six - six-wheeled Hypercar - makes an appearance at Salon Prive It’s getting closer to Salon Privé 2010, that annual festival of all things ‘Super’ in cars at the Hurlingham Club, and this year there’s an extra reason to toddle along for a day of petrol and Champagne – The Concours Hypercar Class. Salon Privé has cobbled together an impressive array of Hypercars for a special ‘Hypercar Concours’ at this year’s event, including the rather spectacular ‘Lady Penelope-Style’ Panther Six. The Panther Six is a six wheeled, 1970s creation with a mid-mounted, 8.2 litre Cadillac V8 and a claimed 200+ mph top speed.