Mustang Windshield Weatherstrip 1965-1968 | Cj Pony Parts on 2040-parts.com

UK pays £30 million a month in parking fines

British motorists are paying out a massive £30 million in parking fines every month, according to Freedom Of Information data obtained by LV= car insurance. So far in 2013, councils have handed out over 890,000 tickets a month – an increase of 4% on 2012 figures. The huge £30 million total is based on the UK average parking fine of £42.

Ford reaches agreement to sell Volvo to Geely for $1.8 billion

Ford has reached an agreement to sell its Swedish brand Volvo to Chinese carmaker Geely for about $1.8 billion in a multinational sale expected to close in the third quarter of this year. The pending agreement was announced onSunday morning, and Ford will continue to supply powertrains, stamping and other parts to Volvo after the sale. If it closes, the landmark deal delivers the premium Volvo brand--long a benchmark for automotive safety--to a Chinese firm that has ambitious plans for growth.

Porsche: Plans for new small Roadster dropped

Porsche boss confirms no 21st century Porsche 550 will be built Porsche has finally dropped plans for a new small roadster to sit below the Boxster and based on VW’s BlueSport. The idea of a smaller Porsche to sit below the Boxster has been floating around for what seems like forever. But it seems like the idea has finally been put out to grass by Porsche boss Matthias Mueller.