Dorman 565-016 Cylinder Head Freeze Plug on 2040-parts.com

Bernie keeps Williams F1 afloat

These are troubled times for Formula 1. Honda, rich as it is, has bailed out of F1 and is still looking for a buyer. Other teams are struggling to make a budget that adds up, despite the backing of billionaires and car manufacturers.

Lexus LF-CC

Lexus is set to debut the LF-CC mid-size coupe concept at next week's Paris motor show that will give us a glimpse of the design and technology ideas that will influence the brand's future models. The LF-CC shares a lot of the same design cues featured on the LF-LC 2+2 sports coupe concept seen in Detroit in January, not least the new spindle-shaped grille that are found on all new Lexus models. It is set in a deep, metal-finish surround and is framed by the hood lip, deep lower spoiler and the projecting front wing tips – this is designed to give it a 3D look.

Saab increase pay for Board members as Swedish Debt Office circles

Saab Meltdown gets closer It never rains, but it pours. And for Saab and Victor Muller it has been a year or more of almost unbroken storms, punctuated with just the odd ray of financial sunshine as Victor Muller combs the planet for investors to stake a claim in his chocolate teapot company. There has been no production at Saab of any consequence since April; many suppliers still remain unpaid despite substantial injections of cash from Chinese buyers; wages have not been paid and now, just to rub salt in the wound, it’s been revealed that board members received pay rises of up to 650 per cent in 2010.