Mercury Oil Pump (44345t) (44345t3) (443543) on 2040-parts.com

General Motors says Magna's Opel bid has obstacles, RHJ's is easier to accept

General Motors Co. says a bid for Opel from Magna International faces hurdles while a rival offer from Belgian investor RHJ International would be easier to accept. Writing on GM Europe's Web site, John Smith, GM's chief negotiator for the Opel sale, says Magna's bid "contained elements around intellectual property and our Russian operations that simply could not be implemented." He adds: "GM has partners in other parts of the world who have joint ownership of these assets ...

Fifth Gear on TV – the Return

Fifth Gear Returns to TV in April with a new format Fifth Gear was everyone’s second favourite car show on TV. And that second favourite label seemed to be its undoing when FIVE decided last year to ditch the show after it failed to make any impact on the ratings against everyone’s favourite car show on TV – Top Gear. But FIVE (channel five if we ditch the trendy CAPITALS) have had a change of heart, done a syndication deal or two for Fifth Gear and are putting together a new series (they’ve actually commissioned two of them) which should hit TV screens at the end of next month.

Crunch watch Feb 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Ben Whitworth Motor Industry 02 March 2009 18:11 Monday 2 March• The Volkswagen Group announces a 5% rise in sales revenues in the 2008 tax year and a 3% increase in operating profits, up to €6.3 billion. Chairman Martin Winterkorn said the group's multi-brand strategy and low CO2 cars had helped sustain sales, although he admitted that 2009 would see a fall in demand and revenues (Volkswagen) Friday 27 February• Jaguar Land Rover announces a significant order for 13,000 cars from a Chinese business. It's a morale boost for JLR which has been hit by a slump in demand with the global slowdown (BBC News)• Opel this afternoon agreed to a restructuring plan designed to save as many jobs and factories as possible – but it needs a €3.3 billion lifeline from the state.