Accel Gen 7 Sbf Turbo Proven Combo on 2040-parts.com

Kia recalls 7,000 cars

KIA IS recalling more than 7,000 of its UK models due to a possible seatbelt problem. The recall affects 5,787 Sportage models and 1,432 Soul vehicles and concerns a possible fault with the vehicle's seatbelt pre-tensioner. Kia said that although it was not aware of any injuries resulting from this possible fault, discovered as a result of monitoring of customer vehicles, it was concerned that some pre-tensioners might not work properly due to a faulty piston within the mechanism.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

2013 New York F1 Grand Prix cancelled

The 2013 Grand Prix of America in New Jersey has been dropped as organisers run out of time to prepare for the New York street F1 event. With Bernie Ecclestone pushing to get America to fall in love with F1, a headline F1 act on the streets of New York – a Monaco GP for the colonials – looked like a plan. But it’s a plan that’s now been postponed until at least 2014 after Bernie plugged the plug on organisers as they need more time to prepare for what will, by any measure, be a huge logistical task.