2001 Kia Rio Power Steering Pump Oem on 2040-parts.com

Crash Fraud At Record High

CAR INSURANCE fraud is at a record high of £1.3 billion says the Association of British Insurers (ABI). This is a 34% increase over the previous year’s figures and is costing every household in the UK an extra £50 a year on their premium. Much of the fraud is due to ‘crash for cash’ incidents, where criminal drivers deliberately cause a collision with an innocent driver to claim for damage to their car and whiplash.

Gulf One Z06 tops $1 million at auction

An icon of 1960s racing, the Gulf One Corvette Z06 racer, was in familiar position last weekend at the Mecum Auction--first. The 1963 car sold for $1.05 million at the Kissimmee, Fla., event--doubling the price of a 1962 Mercedes 300 SL, which went for $525,000, not including the buyer’s premiums. The racer is based on a production Corvette Sting Ray.

Hyundai names former GM exec Shannon as U.S. marketing boss

Hyundai has tapped a General Motors veteran as its new U.S. marketing chief, filling a spot that has sat empty for more than seven months. Steve Shannon was named vice president of marketing for Hyundai Motor America on Wednesday and will officially take his position on April 18, Hyundai spokesman Chris Hosford said.