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.

New MINI to be revealed on 18th November – Sir Alec Issigonis’ birthday

The new MINI will be revealed on 18th November A couple of weeks ago, MINI revealed the MINI Vision Concept at the MINI Design Studios in Munich which previews the new Mk3 MINI, although it wasn’t a physical car, just a projected hologram. But the real new MINI isn’t far from a reveal, and MINI has announced that it will arrive on 18th November, which just happens to be the 107th birthday of the creator of the original Mini – Sir Alec Issigonis. The reveal will take place at the MINI Plant in Oxford with a party in London the same evening to celebrate, and on the 20th November the new MINI will be revealed in public at events in Los Angeles and Tokyo ahead of the Tokyo and Los Angeles Motor Shows.

Chevrolet Corvette C7 Stingray [w/Gallery]

Chevrolet has unveiled its new seventh-generation Corvette, the Stingray, at the 2013 North American International Auto Show. The Stingray's exterior and interior have been completely redesigned from the outgoing model. A stainless steel bar splits the broad grille horizontally at the base of the sleek hood, which is raked with lines and air intake vents.