Oem Polaris 2003-2005 Predator Pro Armor Racing Front Bumper Kit 2874981 on 2040-parts.com

Hyundai beefs up its WRC team

Hyundai revealed last year that they’re preparing to take on the World Rally Championship (WRC) from 2014 when a rally car based on the i20 will take to the world rally stage to cast some sport fairy dust on Hyundai’s showroom cars. At that time we had little information about the team, but in January we learnt that Hyundai had appointed Michel Nandan to head up their WRC efforts, a good move as Nandon was the technical director for the Peugeot WRC team until 2005, so he knows his stuff. Now we learn that Hyundai is beefing up its WRC team as it prepares for a full season of WRC in 2014.

GM returning to leasing with luxury vehicles

General Motors will return to the leasing business focusing on luxury vehicles, but not on a broader basis, Vice Chairman Bob Lutz said. "We will get back into leasing, but we are not going to use massive subsidized leasing to drive volume because it's volume without profitability," Lutz said July 29 in an interview with Automotive News. "We'd rather sell less at higher profit than sell more at lower profit." Lutz said it still would make sense for GM to do more leasing on its luxury vehicles.

Saab gets more cash from China partner

Saab has received another cash boost from its new China partner Pang Da with an additional order for 630 cars, worth 15 million euros or $21.7 million at current exchange rates. The order comes on top of an order for 1,300 cars worth $43.3 million (30 million euros) received by Saab from Pang Da in May. The Chinese company will pay in advance for the order and delivery of the vehicles will start in the third quarter, Saab said.