Honda Cb72 Cb77 Cafe Racer Triple Arms 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.

Bentley Continental GT V8 Detroit debut and UK pricing

Bentley Continental GT V8 - UK prices Today sees the public debut of the Bentley Continental GT V8 ( and GTC V8) at Detroit, and the reveal of UK prices - £123,850 for the GT V8 & £136,250 for the GTC V8. We got the reveal of the new Bentley Continental GT V8 – and the Continental GTC V8 – last month, ahead of its public unveiling at the Detroit Motor Show today. We also got the leak of some German prices for the Continental GT V8 just after Christmas, which we reckoned meant the UK GT V8 would start around £115k.

University students learn product development at Eco Car Challenge

The Eco Car Challenge spring workshop had a flavor of cutting-edge environmental technologies in advanced prototypes--developed by students. The event, at the Environmental Protection Agency's laboratory in Ann Arbor, Mich., allowed journalists to get behind the wheel of these test cars. It was part of a competition among 16 North American universities to design, develop and build vehicles that are forward-looking yet practical.