Ford Racing Mustang 79-04 Driveshaft Safety Loop New Powdercoated on 2040-parts.com

Honda plans plant for CVT builds

Honda Motor Co. plans to build a $470 million factory in Celaya, Mexico, to assemble continuously variable transmissions. The factory will operate alongside a plant under construction that's scheduled to build the next-generation Fit hatchback and a Fit-based crossover.

Spyker warns that Saab's future is 'uncertain' without fresh funds

Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing. In its annual report released today, Spyker said the company's "continuity" could become uncertain unless it secures extra funds to finance ongoing operations and the execution of its business plan. Earlier this week, Saab was forced to shut down production for short intervals after key suppliers halted parts deliveries for non-payment.

Range Rover Evoque gets some new tech for 2014

When the 2014 Range Rover Evoque goes on sale in just a few months, it's going to have a whole host of new technologies on offer. As difficult as it is to believe that the Evoque is already being updated with new technology (didn't this SUV just come out a little while back?), Land Rover isn't waiting around. Over 170,000 units have been sold in just 18 months, and this compact SUV is well on its way to becoming Land Rover's sales leader of the decade if this pace keeps up.