Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Crunch watch Mar 09: the auto industry in crisis

By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.

SEAT Leon FR+ Supercopa launches

SEAT Leon FR+ Supercopa SEAT UK has launched a special edition Leon – the SEAT Leon FR+ Supercopa - with a new sporty look and extra features. Last year we got the SEAT Leon FR+ bolted on to the Leon range in the UK as a top of the range Leon aimed at extracting a bit more from Leon customers, 25 per cent of whom were already opting for the previous range topper, the Leon FR. That plan obviously worked as SEAT has now added yet another model above the FR+ in the guise of the FR+ Supercopa which offer a special edition styling kit for a sportier look.

Nissan upgrades the Versa engine to add mpg

The redesigned Versa sedan that reaches Nissan showrooms later this summer will post a 30 city/38 highway mpg rating, up from the current model's 28/34 rating. The Versa still has a 1.6-liter four-cylinder engine, but the 2012 model gets a dual-fuel injector system, the first U.S. application of the Nissan technology.