Weld Wheels 15" Six Bolt Wheel Mud Cover on 2040-parts.com

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Ownership costs of traditional versus alternative fuel vehicles

As gas prices remain high, and an increasing number of automakers roll out plug-in hybrid cars and full-electric vehicles, it's becoming easier to be tantalized with the idea of driving right past the gas station and simply "plugging in." The debate ensues when it comes to cost: These alternative fuel vehicles mean a larger outlay of cash at the onset, but the long-term fuel savings could make the purchase worthwhile. To help straighten out this numbers game, we use the Department of Energy's Vehicle Cost Calculator to compare alternative fuel vehicles with their gasoline-only counterparts. For each scenario, we assumed that our hypothetical owner was able to get the full $7,500 federal tax credit and a $2,500 state tax credit, such as is available in California.

Second annual ENG Automotive Design Summit held in Rome

European Networking Group (ENG) held their second annual Automotive Design Summit May 12-13. To follow on from the success of last years event in Barcelona, the event was held in the stylish Es Hotel in Rome, Italy. The event featured workshops sessions and business case studies from some of the most renowned designers in the industry, seeking to bring both knowledge and inspiration to the participants over the two day event.