Model T Ford Rucksell Bearing on 2040-parts.com

Embattled Wagoner forced to quit as GM boss

By Ben Pulman Motor Industry 30 March 2009 11:34 Rick Wagoner has been forced to step down as General Motors chairman and CEO by US President Barack Obama, as a condition of the beleaguered automaker continuing to receive state aid. Wagoner was meeting with US government officials on Friday when the request was made for him to ‘step aside’. Wagoner had been GM president and CEO since 2000, and chairman since 2003 – his resignation ends a 31-year career with a company.

Parking fines hit £30 per month

BRITISH motorists pay more than £30 million each month in parking fines, figures suggest. More tickets are being issued this year by councils than last year and there has been a 13% rise in fines issued on a Sunday, according to data obtained by LV=. The car insurer calculated councils have handed out more than 890,000 parking fines per month in 2013 - a 4% increase on 2012 figures - and, based on an average amount of £42 per ticket and excluding any successful appeals, drivers are now paying in excess of £30 million each month.

Toyota will install brake override systems to prevent runaway vehicles

Toyota will install brake override systems on all Toyota, Lexus and Scion vehicles by year end as a way to prevent unintended acceleration. The new system will be put in all vehicles globally, said Yoshi Inaba, president of Toyota North America Inc., in an interview at the Detroit auto show on Monday. The initiative follows a recall last fall of 3.8 million Toyota and Lexus vehicles in the United States to correct the problem.