1968 Corvette Original Rh Inner Fender 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.

Aston Martin DB4GT Zagato Sanction II fetches £1.23 million

Aston Martin DB4GT Zagato Sanction II - sold for £1.23 million The continuation of the Aston Martin DB4GT Zagato – the Sanction II cars – hits a new price peak of £1.23 million at Bonhams Aston Martin Sale. Last month we reported that one of just four Aston Martin DB4GT Zagato Sanction II Coupés was up for grabs at Bonhams Aston Martin Sale at Newport Pagnell and expected to make £1.2 million. It made almost exactly that – £1.23 million, a new record in auction for a Sanction II car and a record sale at Newport Pagnell.

Hyundai puts Michel Nandan in charge of WRC effort

Hyundai has appointed former Peugeot WRC technical director Michel Nandan to head up their assault on WRC. As Hyundai matures in to a credible mainstream force, improving brand perception is crucial to its long-term goals and 2012 is all about improving Hyundai’s brand experience and perceptions of the brand. A part of that focus is to take Hyundai back in to WRC rallying with a much modified i20, where Hyundai are hoping for a better experience than they had when they went rallying a decade ago – which should be a given considering the big strides Hyundai has made in its cars in the last few years.