2 Brand New Volkswagen Rabbit Gunmetal License Plate Frame + Screw Caps on 2040-parts.com

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

Honda Jazz / Honda Fit recall – faulty electric window switch

Honda is recalling the Jazz/Fit to replace faulty electric window switches It’s not exactly on the scale of the Toyota recall for a sticking throttle, but nevertheless the announcement by Honda that they are recalling almost 650,000 (MY 2002-2008) Honda Fits (that’s the Honda Jazz in the UK) around the world is another blow to a Japanese car maker just as the worst of the auto industry woes of the last year or two seem to be easing. The European Honda Jazz recall seems only to affect RHD cars, so it looks like it’s just the UK that needs a fix to the master window switch on the driver’s door on 171,00 models here. If the window gets left open for long periods – or if there are long periods of heavy rain – water can get in to the switch and cause it to malfunction and, at worst, catch fire.

Peugeot RD Concept at Shanghai

  The Peugeot RD Concept - winning entry in a competition to design a car of the future. [ad#ad-1] No, its not a concept that’s likely to go on sale very soon, but it is in fact the winning entry in Peugeot’s competition to produce a futuristic car. The competition was launched at last years Beijing Motor Show, and asked budding designers to ‘Imagine the Peugeot in the Worldwide Megalopolis of tomorrow’.