Blaster 200 Front Brake Master Cylinder Rebuild Kit on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Vauxhall Adam price from £11,255: Paris 2012

The Vauxhall Adam – Vauxhall and Opel’s MINI competitor – will start from £11,255 when it goes on sale in January 2013. And with prices announced from £11,255 it looks like the Adam may just have a fighting chance of taking a piece of the market dominated by MINI and the Fiat 500. Of course, GM are hoping that no one who goes in to a Vauxhall showroom will go out with a basic car – a vast array of style and customisation options are the order of the day with the Adam – but the headline starting point is a decent one.

Schumacher's old F1 car sells for a bargain £195k

When can you ever call a £195,000 classic Formula One car a bargain? When it was driven by the most successful F1 driver ever, Michael Schumacher. This Benetton-Ford B191 was due to go up for auction with Coys this Saturday 10 August at the Nurburgring, but the car has now been sold ahead of going under the hammer for just £195,000.