2004-2010 Volvo S40 Engine Torque Strut Mount on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

New BMW X5 meets its E53 & E70 X5 ancestors (video)

The three generations of the BMW X5 meet The new BMW X5 has just been revealed, and it follows the formula of its predecessors to deliver a new X5 that has more of everything previous X5s offered – performance, economy, space, practicality and luxury. BMW like to call the X5 an ‘SAV’ (Sports Activity vehicle) to differentiate it from real SUVs; although the X5 has four-wheel drive it’s not really a mud-plugger like a Land Rover, but more a 5-Series on stilts. But it’s a successful formula that started with the first generation X5 (E53) in 1999.

Jaguar's stunning E-type defined 'car' for an American generation

You could start with the stunning good looks that make the Jaguar E-Type a permanent fixture at New York's Museum of Modern Art or with the style and character that defined an era. You could start with the technological innovation, the impressive performance or the value that the E-type's contemporaries simply could not match. In cold retrospect, there isn't much in the E-type--or the XKE, as it was widely known on this side of the Atlantic--to tarnish its image.