Hyundai Oem 959100w000 Air Bag-diagnostic Unit 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.

Hyundai ix20 photo

The Hyundai x20 - First Photo In its quest to take over the world, Hyundai has revealed – well, we now have a photo instead of the tease sketch we got at the start of the month – the Hyunda ix20, a small MPV/Crossover which is actually just about ready to roll – Hyundai say it will go on sale in the UK in November. So, it’s an all new MPV from Hyundai; little brother to the ix35? Sort of.

Workers misspell 'bus' on road markings

WORKMEN have given road users something to chuckle about by misspelling the word 'bus' during roadworks. "Bup stop" was painted on to the road surface in Bristol in large yellow lettering at the end of last week, with the stencilled letter P used instead of S. The mistake was made as part of road repairs which are likely to last up to four weeks in the Old Market area of the city centre.