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).

Mazda sells 10 millionth car in America

The first car Mazda ever sold in America was the R100, a cute lil' two-door fastback that was, unsurprisingly, rotary-powered. The year was 1970. Iggy Pop had made that much explicitly clear with "1970." Just imagine how weird it must have been for Americans to wrap their minds around some tiny Japanese upstart, selling a car approximately the size of a 1970 Cadillac Fleetwood Brougham's wheelwell, powered by -- what's this, German technology?

CAR scoop: GM's $13 billion gamble (2013)

By Ben Whitworth Motor Industry 30 September 2013 09:45 GM Europe has racked up enormous losses every year since 1999; in 2012 it bled $1.8 billion while GM North America earned $6.9 billion before tax. Yet the Detroit mothership continues to pump billions into its European division, like a deluded gambler convinced his luck will change. Max Warburton, automotive analyst at Wall Street researcher, Sanford C.