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

GM to cut 14% of global salaried workforce this year

General Motors, facing a Feb. 17 deadline to show the government it's a viable company, said on Tuesday it will cut 14 percent of its salaried jobs globally by the end of the year and slash the salaries of many who remain. Salaried employment will drop to 63,000, from 73,000, the company said in a statement.

Craigslist catch: 1986 Lotus Turbo Esprit

For the masochistic car enthusiast--and many of us here at AutoWeek count ourselves among that breed--nothing is sure to tantalize and frustrate quite as nicely as a Lotus. Not just any Lotus, mind you, but a peaky, force-fed, emissions-saddled 1986 Turbo Esprit. The example shown here, http://detroit.craigslist.org/okl/ctd/2318628863.html, appears to be a fine specimen of Giguaro's wedgy Brit, and the rear-quarter decals indicate that this is a late HCi model--high-compression plus Bosch fuel injection.

Saab gets approval for voluntary reorganization on appeal

...and Victor Muller smiles Victor Muller never says die, and the news that Saab has, after all, been granted the right to court protection from its creditors for a period of reorganisation has vindicated his stubborn refusal to give up on Saab. The Court of Appeal in Gothenburg has this morning overturned an earlier judgement by the District Court in Vänersborg which rejected Saab’s application to get the court’s protection during a period of ‘reorganisation’, which you can read as ‘Waiting for the dosh to arrive from China’. The news last week that Rachel Pang – a director of Pang Da, one of Saab’s putative investors – has come out in a very bullish way about the prospects for the investment by Pang Da and Youngman getting the final rubber stamp from China’s NDRC in Beijing won’t have harmed Saab’s case one bit.