New Metra 70-1857 Tuner Relocation/bose Harness For Select Gm Vehicles 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.

Some secured lenders object to quick sale of Chrysler

A minority group of Chrysler LLC secured lenders has objected in bankruptcy court to the quick sale of Chrysler to a new corporate entity led by Fiat S.p.A. The group of about 40 banks and hedge funds holds about $3 billion of the $6.9 billion in secured loans that Chrysler has with the banks. Four major New York banks holding $4 billion of that debt agreed last week to settle for $2 billion in payment for the $6.9 billion owed.

UK gets the last Reventon – actually, it doesn’t!

Reventon #20 being delivered in Houston Car #20 was in fact delivered to Houston Lamborghini a short while ago. We already knew the stories were wrong when we saw them as John, one of our co-owners, knows the General Manager there, and he knew that car #20 was destined for a private collector in the States. It was delivered to him about 10 days ago.