Dorman 29004 Clutch Pedal Spring on 2040-parts.com

Koenisgesgg Agera R BLT impounded by China’s customs

The one-off Koenigsegg Agera R BLT has been impounded by China’s customs officials as they believe it was being smuggled in to China. When we reported the Agera R BLT had been created, we also noted that it was already crated up and on its way to China for the delight and delectation of its new owner. Unfortunately, it looks like China’s Customs officers read the same news and were ready and waiting for the one-off Agera.

Auctions America revitalizes former Kruse sale

Despite a few close calls and false starts, Auburn, Ind., remains a town where two large operators hold collector-car auctions at the unofficial end of summer. Worldwide Auctioneers continued at its regular space (though with a much larger sale), and the new kid down the street, Auctions America by RM, took over where Kruse had faltered. Auctions America held a successful rookie effort at the former Kruse Auction Park in Auburn.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.