Hedman Elite Hedders Full-length Thermal Coated 1 5/8" Primaries 68468 on 2040-parts.com

Toyota, Honda, Nissan and Mazda recall 3.4 million cars over Airbag fault

As recalls go, 3.4 million cars around the globe is a big number, but it’s that big because a parts supplier - Takata Corp – supplied the same airbag part to Toyota, Honda, Nissan and Mazda, so the recall involves all four Japanese car makers. The part at fault could cause the airbag inflator to rupture and deploy the airbag abnormally, although there have been no reports of injuries due to the potentially faulty part and just five reports of the fault existing – three in the US and two in Japan. In the UK the number of cars affected – and do note the recall only affects cars sold between 2000 and 2004 – appears to be about 75,000 for Toyota, 60,000 for Nissan, 15,000 for Honda and 2.000 for Mazda, and all four car makers will be getting in touch with owners during the next month to book their cars in for free replacement of the part.

U.S. equity firm to invest $70 million in Saab

Race-car fan and private-equity executive Alex Mascioli is pumping $70 million into Saab as the Swedish automaker works to stay afloat. Mascioli's firm, North Street Capitol, is buying $10 million in shares of Swedish Automobile, which owns Saab, and is also giving the company a $60 million loan to pay for the carmaker's reorganization. U.S.-based North Street Capital struck a deal in September to buy the Spyker sports-car business from Swedish Automobile for $44 million.

2014 Kia Optima: New York Auto Show 2013

Kia has revealed the 2014 Optima at the New York Auto Show with cosmetic and technical tweaks. Due in the UK early 2014. The new Optima isn’t exactly new, but a facelift rather than a comprehensive workover.