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American Axle to set up joint venture with Saab to produce electric drive systems
Bloomberg News Service – (Bloomberg) — American Axle & Manufacturing Holdings Inc. has agreed to set up a joint venture with Saab Automobile , the Swedish carmaker owned by Spyker Cars NV , to make electric all-wheel drive systems and electric and hybrid drivelines. The joint venture, called e-AAM Driveline Systems , will also sell products to other carmakers, Saab said. “The new and innovative …

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The Audi TT may seem as out of the reach of normal road goers. Unlike its German brothers however it creates an affordable opportunity to those who want all the benefits of a German made sports car without the extortionate price. If considering an Audi TT I would advise to look at the used car market as often a bargain can be had.

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