All Balls Wheel Bearing And Seal Kit 25-1475 on 2040-parts.com

Lexus LFA Nurburgring Edition Laps the ‘Ring in 7:14.64 +video

Lexus LFA Nurburgring sets a Lap Record at the Nordschleife The news that the Lexus LFA Nurburgring has lapped the track after which it is named in a remarkable 7:14.64 will bring a smile to the face of Hiromu Naruse, wherever he may be. Hiromu Naruse was considers by most whose opinion matters to be the ‘Godfather’ of the Japanese performance car’, and devoted most of the last decade of his life to honing and developing the LFA. He lost his life in an LFA Nurburgring Edition in the Summer of 2010 whilst testing the car near the Nurburgring itself, and it’s nice to think that if he’d still been with us, despite his age, it could well have been Naruse-san at the wheel.

News watch June 2012: today's auto industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hour Friday 29 June 2012• As predicted, BMW and Toyota today announced the next stage of their cooperation to jointly develop powertrains, lightweight technologies, fuel-cells and future platforms (BMW and Toyota)• Today's announcement follows the initial agreement signed in December 2011; in March 2012, BMW and Toyota signed a binding agreement to work together on lithium-ion battery research and for Munich to supply Toyota with diesel engines from 2014 • Now Toyota and BMW have signed a memorandum of understanding to cooperate on the electrification of car powertrains, research into lightweight technologies, develop fuel-cells and to consider future vehicle architectures – 'for a sports car, for example'• Renault will cut 300 jobs at its Flins plant near Paris, it announced today. The factory builds the Clio and is preparing for the new Zoe ZE too (Automotive News Europe)• Ford has warned its pre-tax operating profit in the second quarter will be 'substantially lower' than before.

Former Saab executives arrested in accounting-fraud probe

Three former Saab executives, including former CEO Jan-Aake Jonsson, were arrested Monday on suspicion of “grave attempts to complicate tax controls” during 2010 and 2011, according to a report from Bloomberg. The Swedish Economic Crime Authority's chief prosecutor, Olof Sahlgren, declined to give the names of the arrested, but Bloomberg confirmed in court documents that Jonsson, former chief financial officer Karl-Gustav Lindstroem and formal general counsel Kristina Geers were detained. “It's about accounting measures to complicate the control operations of the tax authority regarding the calculation of taxes and fees,” Sahlgren told Bloomberg.