Echlin Ignition Parts Ech Fa5 - Distributor Condenser on 2040-parts.com

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.

Fisker Automotive lays off some workers as government reworks loan

Work on the Fisker Nina family sedan has temporarily halted at the Fisker Automotive plant in Wilmington, Del., while the carmaker and the federal government hash out details of the company's $529 million Department of Energy loan. The interruption has resulted in the layoff of 26 people at its Delaware plant and a number of contract engineers at Fisker's Anaheim, Calif., headquarters. Fisker Automotive said some of the engineering-staff reductions in Anaheim were already planned to occur in between development of the Karma and the Nina.

Bugatti Veyron limited editions (2009) first pictures

Bugatti has concluded its 100th birthday celebrations at the 2009 Dubai Motor Show by revealing three more special edition Veyrons. First up is the ‘Nocturne’, which is limited to a five-unit production run in the Middle East. It boasts contrasting black and polished aluminium body panels, as well as galvanised side windows and custom rims, while inside are a galvanised platinum centre console and a black magnesium dashboard.