2007-2011 Buick Enclave , Chevrolet Traverse Power Steering Pump 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.

Mystery Porsche prototype destroyed in fire near Stuttgart

According to the Porsche-lovers at flatsixes.com, an unknown Porsche prototype caught fire after being taken home by an employee earlier this week. It reportedly took 19 firefighters to extinguish the blaze, which occurred in a home garage in Ludwigsburg, Germany (a city located near Porsche's home in Stuttgart). Fortunately, the employee and his wife suffered only minor injuries, but we assume the prototype is a complete loss.

Audi A7 Sportback – the video

The Audi A7 Sportback - Walkthrough video below Somehow the Audi A7 just didn’t look as dynamic as expected. I know, production cars are usually a letdown compared to the concept, but the A7 didn’t actually have any of those massively mad bits concept cars boast – 24″ wheels, sliding doors, glass everything – it just looked good. Somehow it seems much more lumpy now we get to see the production model.