Cardone Industries 78-5911 Remanufactured Electronic Control Unit on 2040-parts.com

Suzuki loses the American Dream, dies an unloved death on our shores

On Nov. 5, 2012, the American Suzuki Motor Corp.filed for bankruptcy and announced that no more Suzukis will be sold in America—not now, not ever. (Unless someone has the Bricklin-like foresight to import Wagon Rs to our advanced civilization in, say, 50 years.) And with that news, the Stateside automotive journalists filed their respective stories, drove home and sat on the couch to twiddle their thumbs.

Saab EIB loan repaid by Swedish Government

Sweden has repaid Saab's EIB loan With Saab in administration, the European Investment Bank (EIB) has called in the Swedish Government guarantee on Saab’s loan. In the midst of Victor Muller’s efforts to restructure Saab, Saab received access to a European Investment Bank loan of €400 million, of which it accessed some €217 million. But just like any less than credit worthy individual Saab needed a guarantor for the loan, which they received from the Swedish Government.

Cadillac to auction first '14 CTS V-Sport to charity

General Motors said Wednesday that it will be donating the first production model of the 2014 Cadillac CTS V-Sport to the SAE Foundation. The car will then be auctioned at Barrett-Jackson later this year with the proceeds going to the foundation's science, technology, engineering and mathematics student programs. The CTS V-Sport, or as Cadillac officially spells it, Vsport, was revealed earlier this year at the New York Auto Show.