1986 Jaguar Xjs V12 Coupe Front Bumper Support/no Cover on 2040-parts.com

Auctioneer Dean Kruse's money woes continue

Auburn, Ind., auctioneer Dean Kruse has been ordered by a local court to pay more than $1.3 million to an Indiana bank, and a leasing company has asked a federal judge to repossess Kruse's 1985 Cessna jet, which had been insured at $3.5 million. These two recent events are on top of several months' worth of financial woes for one of the classic-car world's best-known auctioneers. AutoWeek reported in August that people from across the country were complaining that they had not been paid for cars sold at various Kruse International auctions.

General Motors to keep green car technology in house

For the first time in its 100-year history, General Motors plans to design, develop and manufacture electric motors for its growing array of gasoline-electric hybrids and electric vehicles. The electric motors used in GM's current lineup of hybrids are made to GM specifications by outside vendors. GM wants to bring the design and manufacturing in-house to save money and to apply its own technology to boost performance, lower weight and reduce power consumption, said Larry Nitz, GM's chief hybrid powertrain engineer.

Jaguar designer Ian Callum creating his own Jaguar Mk II

Jaguar’s Director of Design, Ian Callum, has commissioned Classic Motor Cars to create a very special one-off classic Jaguar Mk II. For those of a certain age, the MK II Jaguar was the car the police used to chase bank robbers. who themselves were driving a MK II Jags, in the 1960s.