National 710693 Seal, Transfer Case-transfer Case Input Shaft Seal on 2040-parts.com

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

180,000 'lied over motor insurance'

NEARLY 3,500 cases of motorists lying on their applications for insurance or deliberately leaving relevant information off them are being uncovered by insurers each week, new figures reveal. Some 180,675 attempts to make fraudulent applications for motor insurance as people tried to get cheaper cover than they were entitled to were detected last year, equating to around 3,475 incidents a week, according to data released by the Association of British Insurers (ABI). These claims were exposed as lies by the insurer either at the point when the person applied for a policy, or after they had obtained cover and had gone on to make a claim.

Chevrolet sets base price for the 2011 Camaro convertible at $30,000

The price of the 2011 Chevrolet Camaro convertible when it hits showroom floors in February will be $30,000, including an $850 destination charge, General Motors said on Thursday. The price is about $2,000 more than a similarly equipped Ford Mustang convertible. The Camaro convertible will be available in the same trim levels as the coupe version.