Cardone 78-4314 Engine Computer/ecu/pcm-reman Engine Control Computer 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.

Chery TX Concept

The Chery TX concept was unveiled at last month's Beijing auto show and showed significant progress in comparison to past Chery-designed vehicles. The brief for the concept was to be a ‘target-customer oriented SUV'. The TX marks a new beginning for Chery as it explores its new distinctive design philosophy, ‘Shangshan Ruoshui‘ (water) that derives from the Chinese traditional philosophy, interpreted as the pursuit of harmony and unity between humans and nature.

JLR announces £16.3m Evoque_e research project

Jaguar Land Rover has announced it will invest £16.3 million into an ‘Advanced Powertrain Research Project’ – which could lead to an electric Evoque_e version of its small SUV. Jaguar Land Rover will work in conjunction with British technology company and race car manufacturer Zytek Automotive to develop new hybrid and battery-electric vehicle technology. On Bing: see pictures of the Range Rover Evoque Find out how much a used Range Rover Evoque costs on Auto Trader Although the collaborative research project has been named ‘Evoque_e’, neither organisation has yet confirmed if an alternatively-fuelled Evoque off-roader is in the pipeline.