Mercruiser Pre Alpha Trim Tilt Cylinder on 2040-parts.com

Low-emissions Chevrolet Volt models shipped to California

Californians won't have to wait much longer to take their Chevrolet Volts in high-occupancy vehicle lanes. General Motors began shipping a special version of the range-extended sedan to the state this week. The cars will arrive with a special Low Emissions package that makes it legal to drive them in the Golden State's carpool lanes.

Tesla pays off its government loans

Tesla paid off the last of its $465 million government loans May 22, nine years ahead of schedule, thus outperforming most U.S. college graduates and the vast majority of American homeowners. Tesla used funds from a stock offering to finish the loan with a whopping bank transfer of $451.8 million Wednesday, pointing out that it was “…the only American car company to have fully repaid the government.” Apparently no one at Tesla was even born when Lee Iacocca paid off Chrysler's $1.2-billion government bailout ahead of schedule back in 1983.

Saab secures investment from China et al

China's Hawtai Automotive invest €150 million in Saab As you can’t have failed to notice, Saab has stopped production because it’s run out of money. And despite the best efforts of Vladimir Antonov to throw money at Saab, the EIB and the Swedish Debt Office seemed unwilling to move quickly to allow Saab to get back in to production. But things they are a-changing.