Arctic Cat Tailight Housing on 2040-parts.com

GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

Hyundai i40 / Sonata launches

The new Sonata / i40 has launched in Korea The Sonata – which will be the Hyundai i40 in Europe – is yet another very convincing new model from the Koreans. Gone is the very boring old Sonata and in comes the very European style i40. It is a somewhat derivative design – from the  ’Coupe Saloon’ school of design – but that’s a positive for a budget car maker like Hyundai.

Lexus IS 300h promises unrivalled ownership costs

The new Lexus IS - launched at Detroit in January and costing from £26,495 for the IS 250 in the UK – actually offers ownership costs that eclipse diesel offerings from the likes of Jaguar, BMW, Audi and Mercedes, say Lexus. Despite the logical assumption that the complex hybrid powerplant in the IS 300h would cost more to maintain, Lexus say the opposite is true. Because it has no clutch and the starter motor and alternator are integrated they require no servicing or replacement and Lexus has fitted a timing chain instead of a timing belt, so it won’t need regular replacement either.