Honda Banner 94" X 36 1/2" ( 7' 10" X 3' 1/2") Cruiser Motorcycle on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

OnStar 'ignition block' disables stolen vehicles

OnStar, General Motors' in-vehicle safety and communications system, has launched a service to keep car thieves from starting a vehicle that has been reported stolen. As of July 20, three stolen cars had been disabled by the technology, called "remote ignition block." The feature is available on select 2009 and 2010 GM models. Subscribers must report their vehicles stolen to police officials and request assistance from OnStar, which then sends a signal that prevents the car from restarting.

Nissan Extrem concept bows at Sao Paulo auto show

Wild concepts during auto shows are nothing new, especially from Nissan. The automaker is adding to its reputation with the Extrem small crossover, which debuted recently at the Sao Paulo auto show. The Extrem is wild, but we could easily see it going into production, though Nissan's given no indication of such.