Ford Mondeo Cd132 Mkiii Air Filter Box 1216623 on 2040-parts.com

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).

Revealed: the cheapest and most expensive cars to fuel

Running a car can be an expensive business, with fuel a major contributing factor, especially if you happen to cover long distances. As we know, fuel isn’t cheap. Fortunately, independent car cost experts CAP constantly collect millions of pieces of data about thousands of new and used cars in the UK, helping to produce its Total Cost of Motoring analysis.

Fiat, Mazda to jointly develop roadster

Fiat Group and Mazda Motor Corp. plan to develop and build a new roadster for the Mazda and Alfa Romeo brands, the companies said Wednesday. Alfa will launch its version of the roadster in global markets starting in 2015.