Ford Nos D0az-1216-a Bearing on 2040-parts.com

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.

Ex-Ford engineer charged with stealing trade secrets

A former Ford Motor Co. engineer has been charged with stealing trade secrets from the automaker after accepting a job in China in 2006. Xiang Dong Yu, 47, was arrested Wednesday at O'Hare International Airport in Chicago after traveling to the United States from China.

CAR tech: who's to blame for your car's terrible fuel economy?

In early 2013 Audi lost a case brought by the Advertising Standard Agency (ASA) because of ‘misleading’ fuel economy figures used in an advert, after a customer complained they couldn’t get anywhere near the 68mpg quoted. The court case once more exposes the yawning gap between officially sanctioned mpg figures and those experienced by owners. A recent study by the Independent Council on Clean Transportation (ICCT) looked at cars sold in the UK and Europe, and discovered the difference between official mpg figures and real-world driving had grown from 8% in 2001 to a barely believable 21% in 2011.