1956 International S Series Fender Passenger's Side on 2040-parts.com

Avoiding the California Highway Patrol on the Autoweek America Adventure

"Damn revenuers," said Tommy Kendall. "They are draped all along the side of the road." He spoke, of course, about the California Highway Patrol, whose strategically positioned cars--and subsequent laser-detection devices and KA-band radar--were lighting up this two-lane south of Klamath Falls, Ore., less than two miles inside the state line. It's a fact of economics, especially in California, a state that's running out of money faster than Greece.

‘Old Pang’ spends another €15 million at Saab

Pang Qing Hua - Pang Da boss - thinks Saab are 'Great, great, great'! The ‘Old Pang’ bit isn’t our derogatory name for the head of China’s Pang Da – who are busy getting in to bed with Saab – but is how the Beijing Times referred to Pang Da boss Pang Qing Hua on his return from Saab;  ’Old Pang Returns from Sweden’, they said. We have no idea how old Pang Qing Hua is, but he’s old enough to have amassed a few bob from owning a huge car distribution network in China, and is flush with cash from a recent floating.

Bondholders snub GM, bankruptcy filing likely

Nowhere near enough General Motors bondholders agreed to exchange their debt for stock before a midnight Tuesday deadline, making a bankruptcy filing by the automaker highly likely. GM had set a threshold of 90 percent of the $27 billion in bond debt it wanted to exchange for 10 percent of the stock in a reorganized company for the deal to take place. In a statement Wednesday, GM said the amount of notes tendered was substantially less than the 90 percent target.