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Turbo Chargers & Parts for Sale
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GM officially bankrupt
Mon, 01 Jun 2009GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).
Five questions with Jaguar's 1960s test driver Norman Dewis
Tue, 17 May 2011Norman Dewis, Jaguar's test driver in the 1960s, played a pivotal role in the E-type launch at Geneva in 1961. Now a sprightly 93-year-old, he recalls that day for AutoWeek. AutoWeek: What was your role in the E-type launch?
Creature comforts now top car-shoppers' 'must-haves'
Wed, 08 May 2013New technologies come with a learning curve, but once we tackle the initial challenge it's amazing how quickly new features become “must-haves.” From cars that unlock as we approach to those that keep themselves between the lines and a safe distance from what's ahead, we have already become accustomed to high-tech driving. So which features would most drivers refuse to live without? Surprisingly, it's the simplest creature comforts most people hold dear—at least for now.