Dash Trim Plate - 2011-2014 Chevy Gmc Silverado Truck 1500 (20935566) on 2040-parts.com

Saab on brink of closing after GM rejects rescue plan

Saab Automobile filed for bankruptcy on Monday and is on the brink of shutting for good after former owner General Motors rejected a rescue plan. The move sets the scene for the end of Saab's struggle to survive after months of hastily drawn-up deals for a company that hasn't made a vehicle in months. The latest plan involved Chinese automaker Zhejiang Youngman Lotus Automobile, but this was vetoed by GM, still a key Saab supplier, over the weekend "After having received the recent position of GM on the contemplated transaction with Saab Automobile, Youngman informed Saab Automobile that the funding to continue and complete the reorganization of Saab Automobile could not be concluded," Saab's Dutch owner, Swedish Automobile, said in a statement.

2011 Jaguar XKR-S: The Video

2011 Jaguar XKR-S Video There was a time – not so very long ago – that Jaguar wouldn’t have been ‘allowed’ to build the barnstorming Jaguar XKR-S. It would have been seen as just too good. Too much of a threat.

Michelin Pilot Super Sport launches

Ferrari 458 Italia - just one of the Michelin Pilot Super Sport shod Supercars at the launch At the beginning of October – when it was already starting to feel as if we were in mid-winter on some days – the nice man from Michelin (that’s Paul, not the Michelin Man) called and asked us if we’d like to go and play with their new tyre – the Michelin Pilot Super Sport -  on some appealing cars. Sadly, too few staff and too much to do meant we had to decline his kind offer. Although it was very hard to do when we realised it would have meant a few days in the sun in Dubai and the chance to drive some of the world’s finest cars, shod with Michelin’s replacement for the Pilot Sport PS2.