18 Inch Mazda Wheels Chrome Rims (1015) on 2040-parts.com

Remember this day in GM history: The next century of automotive success starts now

President Obama's administration made history today with what some see as nothing short of government meddling in the affairs of big business. What I see is something else: I see the administration showing that it is serious and raising the level of concern from yellow to orange. Now there is a firm deadline and a message to bondholders, United Auto Worker union members and the American public: Do not be surprised if in the next 30 days--or even sooner-General Motors files for a controlled bankruptcy.

Toyota will compete at 2012 Le Mans with a hybrid

Toyota today announced it would compete at the 2012 Le Mans 24-hour race with a hybrid sports car in the LMP1 class. This single rendering has been issued of the new Toyota hybrid race car. The Japanese giant has not competed at Le Mans in a factory team since the late 1990s with the GT-One, which set a lap record in 1999.

Spyker slaps GM with $3 billion lawsuit

Spyker, the Dutch supercar firm and owner of Saab, hit General Motors with a $3 billion lawsuit Monday, claiming GM forced Saab into bankruptcy and interfered with a potential deal with Chinese investors that could have saved the company. Spyker is suing on behalf of Saab, assuming legal costs in exchange for a significant proportion of any potential award. Saab went into bankruptcy in December 2011.