5 Quantit New Spiral Cable Clock Spring For Honda Civic Dx Hx 1.6l L4 Us 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.

JJAD P1 EV gets closer

Jim Dowle used to work as a designer for McLaren, and was involved in the original F1 development. So he knows a thing or two about lightweight performance cars. Last year Jim first announced details of his P1 concept, which was well received.

Problems with your McLaren MP4-12C? Have a ‘McLaren: The Wins’ coffee table book

Ron Dennis apologises to McLaren MP4-12C owners A couple of weeks ago we reported that McLaren was having some teething problems with their new MP4-12C but weren’t, despite reports to the contrary, halting production. The problems seemed to be mainly software related, with issues including warning lights flashing on and battery drainage issues, which seemed to be because the MP4-12C’s electronics didn’t turn off when the car was halted. But it seemed McLaren were working on the issues with the same sort of zeal we’ve come to recognise from their F1 programme, no doubt spurred on by the wrath of Ron Dennis.