82-89 Porsche 944 S2 Na / Turbo Red Front Rear Stainless Steel Hose Brake Line on 2040-parts.com

Senate releases $350 billion more in bailout money

The Senate voted Thursday to release a second round of $350 billion in federal aid to rescue financial institutions. The money could be the source of additional loans to automakers, auto finance companies and perhaps suppliers. An earlier allocation of $350 billion funded the first installments of emergency loans to General Motors and Chrysler LLC.

Bob Lutz reportedly to stay on at General Motors

Bob Lutz, General Motors vice chairman and internationally renowned product guru, has reversed his retirement plans and is expected to stay with the remade car company as it charts a new path out of bankruptcy. Multiple media outlets are reporting Lutz, 77, has changed course and will not retire from GM at the end of the year as he had planned. Automotive News, citing anonymous sources, says the veteran industry leader will stay on at the company, possibly in a marketing or communications role--and could have product input.

Subaru WRX STI premieres at the Detroit auto show

Today at the Detroit Auto Show Subaru unveiled the new WRX STI. Last year's model got a bit of a lukewarm reception, as a lot of fans wanted to see something closer to the WRX Concept that was revealed at the 2013 New York Auto Show. It appears that Subaru has listened, and this year's WRX STI debuts with an all-new exterior design.