Eastwood Rust Converter Black 1 Pt P/n 51677 on 2040-parts.com

White House pushes for Friday deal on fuel-economy regulations

The White House wants to announce as early as Friday that it has reached agreement with most automakers on a plan to raise corporate average fuel economy targets to 54.5 mpg by 2025, manufacturers' representatives said Wednesday. While no automakers have signed on to the Obama administration plan yet, most--including Ford, Toyota, General Motors and Chrysler--are generally supportive and intend to do so, the industry officials said. Each manufacturer is trying to iron out technical issues with the White House before endorsing the proposal.

GM wants to wrap up Opel sale quickly

General Motors is anxious to wrap up the sale of Opel, a top executive said Tuesday. The bidding has been narrowed to Canadian auto parts conglomerate Magna--which is favored by the German government--and Belgian investors RHJ International. "I think everyone is anxious to get this thing done," GM CFO Ray Young said, according to Automotive News.

Peugeot 5 concept car (2010): first photos

By Tim Pollard First Official Pictures 15 February 2010 18:30 The '5 by Peugeot' is a heavy hint of what to expect from the new Peugeot 508. Forget the silly name, we'll call it the Peugeot 5 concept car. It'll be the centrepiece of the Peugeot stand at the 2010 Geneva motor show and the new concept car encapsulates the new design direction espoused by last month's SR1 roadster concept in a more production-ready vehicle.