Acdelco Professional 38010 Belt Tensioner Pulley on 2040-parts.com
Fremont, California, US
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Toyota proposing $1.1 billion unintended acceleration settlement in US
Thu, 27 Dec 2012Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan for parts related to unintended acceleration and throw $30 million at research in to car safety.
Saab seeks court protection from creditors
Wed, 07 Sep 2011Saab is filing for protection from creditors from a Swedish district court, the automaker's owner, Swedish Automobile, said Wednesday. Saab is seeking court approval for a voluntary reorganization to secure short-term stability while it waits for funding from Chinese investors Pang Da and Zhejiang Youngman, Swedish Automobile said in a statement. Victor Muller, CEO of both Saab and Swedish Automobile, said in a statement: "We have concluded that a voluntary reorganization process will provide us with the necessary time, protection and stabilization of the business, allowing salary payments to be made, short-term funding to be obtained and an orderly restart of production to be prepared." Muller remains optimistic about Saab's future.
Nissan Invitation concept
Mon, 06 Feb 2012Nissan has released the first images of its new B-segment concept car, the Invitation. Set to be unveiled at the Geneva Motor show next month, the car previews a new model that will sit between the Micra and Juke as the company returns to the traditional hatchback market. The Invitation's DRG features a wide grille with a chrome accent that extends into the lamps, reminiscent of the Quest MPV.