92 93 94 95 96 Subaru Svx Front Grille Grill Factory Original Oem 21236 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.

Faurecia opens new Shanghai Technical Center

Faurecia has opened a new technical center in Shanghai, China, which will also serve as its Chinese headquarters. The automotive equipment supplier wants to reinforce its research and development capabilities and engineering localization in the world's largest automotive market. The new 18,000 square meter Faurecia China Tech Center is made up of the Training Center and the Tech Center, which includes an industrial design facility, two showrooms and various prototype workshops alongside five labs for testing, acoustics, airbag, complete seat and quality inspection.

Vuhl 05 supercar (2013) first official pictures

The Vuhl 05 has been revealed to the media in London, making its world premier at the Royal Automobile Club in Pall Mall. Designed to take on the likes of the KTM X-Bow and Ariel Atom as a road and track toy, the 05 is the work of two Mexican brothers who have backing from the Mexican government. It’ll be on sale in Europe, expected to be its biggest market, from early 2014.