New 4pcs Transformer Hub Cap Wheel Center Emblem Sticker Decepticon Black on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

1993 Jaguar XJ220 heads for Scottsdale auction

Come Jan. 19-23, 2011, a 1993 Jaguar XJ220 will be available at the Russo and Steele Collector Automobile Auction in Scottsdale, Ariz. Produced by Jaguar in collaboration with Tom Walkinshaw Racing from1992 to 1994, the XJ220 can achieve 217 mph and run from 0 to 60 mph in 3.8 seconds.

Audi hardwood bicycle

Following on from its collaboration with Head for carbon fiber skis, Audi has teamed up with Renovo Hardwood Bicycles to create yet another performance-oriented product. Audi is launching the Duo range of cycles as ‘an embodiment of its core principles of progressive innovation' that aim to blend craftsmanship and styling with performance and technology. As a result, each Duo is built around a monocoque frame that is made from hardwood, which not only increases ride comfort – thanks to the material's ability to absorb shock and vibration – but also serves to reduce weight.