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

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).

PSA Peugeot-Citroen: Factory closures & 8,000 job losses planned

PSA Peugeot Citroen has revealed it is to close one factory, cut job numbers elsewhere and shed a total of 8,000 jobs as demand for its cars dwindles. When we reported last year that Peugeot Citroen were planning to idle their plant in Trnava, Western Slovakia we said that this was just the tip of the iceberg for Peugeot Citroen, and that they would have to take far more drastic action if they were to survive. They must have been listening.

Jaguar F-Type Coupe – The Videos

Jaguar F-Type Coupe – The Videos We had the Jaguar F-Type Coupe finally bow in at the Los Angeles Auto Show last month – including an F-Type R with 542bhp – and it does look to be the perfect Jaguar sports car. Yes, it may be a bit heavier than its aluminium underpinnings would lead you to reasonably expect, but it does look glorious – much better than the F-Type Roadster – and the F-Type R promises real performance too. When the F-Type was revealed we had plenty of photos (above) and a launch video, but what we didn’t have is any videos showing us the F-Type in detail.