Cometic Mls Cylinder Head Gasket--c5881-040 on 2040-parts.com

Hyundai rules out separate premium brand

Hyundai Motor Co. has ruled out spinning off the Genesis or Equus nameplates to create an independent premium brand along the lines of Lexus or Infiniti, partly because of the enormous cost involved and possible image damage to sibling nameplates. "There are no plans for Hyundai to make a separate brand," Vice Chairman Shin Jong-Woon said in an interview Friday at the carmaker's headquarters in Seoul, South Korea.

EV maker Coda trims staff

Not much more could go wrong for electric-car maker Coda, which has struggled to sell its four-door EV in the United States since officially launching it here in March. But Web reports, first seen at www.plugincars.com, say the company laid off 50 employees, or 15 percent of its workforce, last week, mostly in the sales and marketing departments. Efforts by Autoweek to contact Coda have not been successful.

Unique pre-war Lagonda saloon headed for auction

AN ULTRA-RARE V12-engined Lagonda Hooper two-door saloon from 1939 is set to headline an auction of amazing old cars. The Lagonda V12 Hooper is technically unique in history, having been built specifically for the wife of the owner of Hooper Bodies Ltd., the most noted coachbuilder of the pre-war era. Now, 75 years after it was built, it needs a complete restoration but still looks set to receive bids topping at least £75,000.