Honda 50815-ha2-670 Rubber, Rr. on 2040-parts.com

Crunch watch Mar 09: the auto industry in crisis

By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.

Mitsubishi L200 Barbarian Review & Road Test (2010)

The Mitsubishi L200 Barbarian - Review & Road Test Meddling Governments have long distorted the car sales marketplace. Motorists are always seen as an easy target, and company car running motorists even more so. Since the last Labour lot came in there have been determined efforts to make the company vehicle an expensive luxury, despite the fact that many company vehicles are a necessity.

Rolls Royce Ghost – the Video

Rolls Royce has released the first video of the new Rolls Royce Ghost But as the public reveal gets closer Rolls Royce has delivered more detail. We know the RR Ghost will have a 6.6 litre V12 producing 563bhp with a 0-60 time of 4.7 seconds, and we know the RR Ghost Price and Specifications. But despite all the RR Ghost Spy Shots we’ve seen – some of them pretty much production ready – we haven’t seen the Rolls Royce Ghost on the move.