09 Toyota Camry Fuse Box 852602 on 2040-parts.com

Volvo and Polestar offer post-sale software upgrades

Volvo's performance arm, Polestar, will offer software upgrades for the T6 and 2.5T engines that will increase horsepower and torque. The upgrade should calm Volvo fans who missed out on the limited-edition Polestar C30. For the T6 engine in the 2010 Volvo XC60 and 2009-2010 XC70 Polestar will offer a bump in output from 281 hp to 311 hp.

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

India turns the screw on luxury car makers

Land Rover will still be sending CKD to India despite the rise in import duty India’s economy is growing almost exponentially, as a result of which it has a big, rising middle-class with much the same aspirations as the middle-class in the West. Those aspirations include the accumulation of status symbols considered worthy of representing their success and new wealth, none more so than a good set of wheels. So it’s no surprise that the mainstream luxury car makers – Jaguar, Land Rover, Mercedes, Audi and BMW – are ready, willing and able to provide exactly what India’s middles classes are looking for.