Harley Davidson Inspection Cover 60570-64 on 2040-parts.com

Chrysler says it needs another $2 billion in aid

In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.

Official: Honda F1 becomes Brawn GP

Honda F1 morphs in to Brawn GP Well, it’s good to see they survived! After reporting last week that the Honda F1 team was going to be the subject of a management buyout, thus securing the team and its employees, an official announcement has now been made and we can confirm that Ross Brawn has taken control of the Honda F1 Team, which will henceforth be known as Brawn GP. It would have been a mighty shame if Ross Brawn had been lost to F1 again.

Mountune will upgrade your Focus ST, Fiesta ST

UK-based Ford tuner Mountune set up shop in the U.S. just a couple months ago, and is already offering upgrades to the Ford Focus ST and the Ford Fiesta ST. Mountune is Ford's official partner in Europe, and their experience goes back 30 years Mountune comes from a slightly different branch of Ford tuning that North American buyers are used to -- their specialty has been tuning Ford's smaller cars in Europe rather than muscle cars, and they've worked on everything from Escorts to Focuses (though perhaps not the Escorts and Focuses that we're used to).