Mitsubishi Lancer Cedia 2001 Condenser [0016060] on 2040-parts.com

Ford names Courtney Force to represent teen-driving program

Drag racer Courtney Force has been hired to represent Ford's teen-focused Driving Skills for Life program. The program helps young drivers improve their driving skills, focusing on hazard recognition, vehicle handling, and space and speed management. Force says her mom taught her to drive in a Ford Excursion.

Saab: China’s Pang Da & Youngman to invest $7.5 billion. UPDATED

Saab: 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.

Classic Toyota bus back in service

TOYOTA has restored one of its classic buses and is now using it again to transport staff around its factory in Japan. The 1969 Toyota Coaster looks better than new after a full rebuild by workers at the company’s HQ. They had to scour the shelves of warehouses to find unused original parts to help bring back the classic bus to full health.