Omc Cobra Volvo Gearcase Seal Kit 3855275 Omc Cobra Sterndrives 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.

Italdesign to unveil fast but frugal hybrid car at Geneva motor show

Italdesign Giugiaro will unveil a concept for a fast but fuel efficient hybrid coupe at the Geneva auto show. The Italian design and engineering company says the two-seater can reach a top speed of 186 mph (300 kph) and accelerate from 0 to 62 mph in less than 4 seconds. The still unnamed concept will travel 117 miles on a gallon of gasoline, Italdesign says.

Caravans top list of summer's 'most-hated'

GETTING STUCK behind a caravan or tractor is the number one summer driving bugbear of motorists in the UK. This is closely followed by Bank Holiday queues and boy racers playing loud music in their cars. Drivers over 60 are more likely to get annoyed by caravans and tractors, boy racers and tailbacks compared to 18-29-year olds.