Accelerator Pump Piston on 2040-parts.com

Russo and Steele sues tent company over auction damage

Four months after its Scottsdale, Ariz., auction was disrupted by severe weather, Russo and Steele is suing tent company Tri-Rentals for damage caused when a tent collapsed on several hundred collector cars. In a statement released on Thursday, Russo and Steele said that it was forced to file suit against the rental company to protect its reputation. The auction firm says its lawsuit cites negligence, gross negligence, breach of duty of good faith and fair dealing.

Vauxhall launches powerful 1.0 petrol engine

OLD-FASHIONED 1.6-litre petrol engines in Vauxhall cars are about to be replaced by a clever new 1.0-litre alternative. The tiny newcomer has only three cylinders, but thanks to a turbocharger it coughs up more power and torque than many normal 1.6-litre equivalents. It’s set to debut in Vauxhall’s funky Adam supermini, although the new engine will be display-only when it emerges at the Geneva Motor Show next month.

Fiat buys remaining stake in Chrysler (2014)

By Damion Smy Motor Industry 03 January 2014 13:30 Fiat has purchased the remaining stake in Chrysler to become the sole owner of the US car firm. In a deal worth £2.2billion, the Italian company bought the remaining 41.46% of Chrysler from the VEBA Trust (Voluntary Employee Beneficiary Association) made up of current and former Chrysler employees. Fiat Chief Executive Sergio Marchionne says: ‘In the life of every major organisation and its people, there are defining moments that go down in the history books.