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Mercedes-Benz recalling 2,297 diesel cars for fuel leak

Mercedes-Benz is recalling nearly 2,300 diesel-powered cars to fix a leak in the fuel system. The recall covers 2011 models of the E-class, the GL-class, the M-class and the R-class. The fuel leak is caused by a faulty fuel-filter O-ring that may have not been properly lubricated.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).

Ferrari 575GT Zagato

Zagato recently unveiled their bespoke Ferrari 575GTZ at Villa d'Este Concours d'Elegance in Italy. Zagato, based in nearby Milan, was commissioned by Japanese collector Yoshiyuki Hayashi to create a new body for his 575M in the style of the 250GTZ Berlinetta. Despite the same underpinnings as the 575M the whole car has been remodelled, striking a balance between its Fifties forebear and more contemporary Ferraris.