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

Car Finance: ING pull out of UK luxury car finance market

ING has pulled out of the UK luxury car finance market leaving a finance hole estimated at around £1.2 billion. If you’re in the market for a high-end car, chances are you’ve sought out the services of a finance broker after the car dealer’s finance rates came as a bit of a shock. And if you have, there’s a very good chance you’ll have ended up with a cracking finance deal written by ING.

Economic downturn might hit plans for Porsche small roadster

Porsche's decision on whether to build an entry-level roadster will depend on the global economy, CEO Matthias Mueller said. Mueller said that if the automaker decides to go ahead with the car, sales would begin at the earliest in the third quarter of 2014, but probably later. A decision on production will depend on how the global economic situation pans out, particularly in relation to the auto industry, Mueller said.

GM product chief Bob Lutz to retire

GM boss Bob Lutz Retires By Ben Whitworth Motor Industry 09 February 2009 17:41 GM boss Bob Lutz will retire at the end of the year. The vice chairman of global product development – who has been at the centre of the automotive industry for the last 46 years – will be replaced by Tom Stephens, GM’s current veepee for global powertrain and global quality. Lutz, 76, will continue to report to GM boss Rick Wagoner throughout 2009 in his new role as GM vice chairman and senior advisor, before bowing out at the end of December.