2003 Yukon Escalade Xm Radio Antenna on 2040-parts.com

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.

McLaren's latest P12 teaser video

McLaren has followed up its announcement that its Paris-bound P12 hypercar, teased with an image last week, by releasing a video that suggests the shape and aerodynamics we can expect from the car. The video shows a series of lights passing over an invisible object – the P12 – and using the lightshow it is possible to imagine the general shape of the car, without any detail of course. If the P12's unveiling is anything like the light show in the video, it should be a fantastic experience in Paris.

Toyota GT86: GRMN Sports FR Platinum Concept revealed (video)

The latest Toyota GT 86 by Gazoo Racing – the GRMN Sports FR Platinum Concept - has been revealed at the 2013 Tokyo Auto Salon. The most interesting is a GT86 that comes from Gazoo Racing – a part of Toyota – which was teased last week and gets the same sort of power upgrades as the Gazoo GT86 we saw turn up at Le Mans and Goodwood last year – the GRMN Sports FR Concept Platinum. The GRMN Sports FR Concept Platinum gets a new front bumper and headlights with air vents on the bonnet, new back bumper and tail lights and a thumping great wing on the back.