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).

Saab 9-3 ePower electric car at 2010 Paris show

Saab will showcase its electric car ambitions at the 2010 Paris motor show with the new 9-3 ePower. Look out for this badge on future Saabs – it’s the next step from the existing E85 biofueled BioPower models. The 9-3 ePower is a technical testbed vehicle rather than anything you can go and buy, but the Swedes aim to have an electric car to market in the next few years.

CDN-GM Interactive Competition: Phase 2 deadline extended until Sunday 28 September

Due to the number and quality of the entries that are still pouring in we've extended the deadline for this phase of the CDN-GM Interactive Design Competition to give you a couple more days to upload your work. Remember that during this phase, while your design needn't be fully finalized, you should be firming up your major themes based on your Phase 1 work and the feedback comments from the Mentors and your peers. The entrants progressing to Phase 3 will be announced next week for the final phase of this year's contest ahead of the announcement of the winners in January.