98 Sportage Electric Door Switch 24929 on 2040-parts.com

The Leko – a new car from IKEA? – Not a chance!

A new site claims IKEA is about to launch a car - on the 1st April! [ad#ad-1] The latest silly site to go (semi) viral online this week purports to be teasing a new car from IKEA, that hell of  a flat-pack, windowless, clockless shopping experience where the only instructions you get for assembling your insane purchase are a set of pictures on a big sheet of paper, that seemingly have no resemblance to the contents of the package you’ve been stupefied in to buying. Now on the face of it this is perhaps plausible.

GM repays Government loans – sort of

GM Loans repaid early - or are they? We can’t deny that GM are making a pretty good job of rising Phoenix-like from the ashes of their effective bankruptcy. A new focus on cars that are relevant for our times instead of a fixation with dated products and dated management has certainly helped.

BMW i8 fetching 50% premiums in UK market

The BMW i8 (pictured) is commanding a 50% premium The simple rules of a capitalist market is that supply and demand dictate price. Which is why BMW’s i8 hybrid supercar is fetching premiums of up to 50 per cent. With the entire i8 supply sold out for the next year, those with deep enough pockets – and a compelling desire for an i8 – are turning to i8 owners who have already taken delivery and making them offer they can’t refuse.