97-98 Johnson/evinrude Ficht Rectifier Regulator 3 Wire Cover 3010088 on 2040-parts.com

Analysis: why GM is pulling Chevrolet out of Europe

The news that Chevrolet is to leave the western European car market (while staying in eastern Europe and Russia) is not a huge surprise, but it provides an interesting contrast to the success of fellow Koreans, Hyundai and Kia. “Fellow Koreans?” you might say, “but isn’t Chevrolet American?” Yes and no. The Chevrolets we were getting were all made in Korea in the factories that used to be owned by Daewoo, except for the handful of Camaros and Corvettes, which were authentically American.

Full-scale model of 5th Peugeot Design Competition winner revealed in Shanghai

A life-sized model of Carlos Arturo Torres Tovar's RD concept, for which the 26 year old Columbian designer won the 5th Peugeot Design competition, is on display at the Peugeot stand in Shanghai. The 'RD' concept was chosen via an online internet poll and a competition jury headed by Peugeot's Managing Director, Jean Philippe Collin in September last year. The theme for the 2008 competition was 'Imagine the Peugeot in the worldwide megapolis of tomorrow'.

Ferrari 250 GTO #3851 GT disappoints at $38 million

The Ferrari 250 GTO #3851 GT makes ‘just’ $38 million Last month, we reported that a Ferrari 250 GTO was due to hit the auction room at Bonhams Quail Lodge sale and was expected to hit a massive record price, with estimates ranging from $60-100 million. On that basis, the sale was a complete failure. In fact, the 250 GTO – previously owned by Fabrizio Violati – managed to reach a relatively paltry $38.1 million (£22.8 million), with the actual price (before buyers premium) ‘just’ $34.6 million (£20.7 million).