Clarion En-1187e 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).

Audi S1 at Paris

The Audi S1 will have a Paris Launch (A1 Wörthersee Concept pictured) It’s getting on for a year since we reported that – despite some saying it wouldn’t happen – Audi were planning at least a warm version of the A1 and had on the drawing board the Audi S1 to take on the MINI Cooper. So it’s not a shock that we hear Audi are planning on bring the S1 along to Paris for a reveal before getting the S1 on the roads by the second quarter of 2011. Expect the usual Audi S bits in the mix  - bigger wheels, fettled suspension, beefed-up brakes, body kit – and power in the S1 to come from the S/C turbo 1.4 TSI found in the VW Polo GTI, although the S1 may just get a tweaked version of the engine as befits its higher standing in the VW hierarchy with a bit more than the 178 horses the Polo GTI manages.

RM Bruce Weiner Microcar Museum Auction begins

Thursday was not a good day for microcar coverage. In fact, the day was spent answering three questions: One: Who the hell leaves their wallet on a plane? Two: If that person is outside of the terminal when he realizes he's lost his wallet, how does he get back into the terminal without ID?