Omc Johnson Evinrude Remote Control Shift Lever 387726- on 2040-parts.com

Carlos Ghosn's automaker mantra: Go big or you'll go away

Size matters in auto company survival, Renault and Nissan CEO Carlos Ghosn told an audience in Detroit on Tuesday. To cope with the escalating costs and scope of a global industry, successful automakers must complete a trifecta--be able to compete in every technology, every market and every segment, Ghosn said during a luncheon speech at the Detroit Economic Club “No 3 million-unit carmaker can make it,” Ghosn said, explaining why his Renault-Nissan alliance forged an alliance with Germany's Daimler AG. Competency in one or two of the three skills is not enough, and only very large companies can afford all three, he said.

Car Finance: ING withdrawal sees Bridford & DSG merge

The withdrawal of ING from the UK car finance market has led to the merger of Bridford Financial Solutions and DSG Financial Services. The resilience of the UK’s luxury car market is, to a great degree, driven by the availability of decent finance deals to secure a sale, and much of that business was underwritten by ING. But ING has withdrawn from the UK car finance market.

Hennessey unveils VelociRaptor SUV

From the folks who brought you the Venom GT and countless other cars and trucks capable of putting up ridiculous numbers, Hennessey Performance is back with another concoction, the VelociRaptor SUV. Based on the standard Ford F-150 Raptor, the truck is converted to a full-size SUV (think Ford Excursion) with seating for up to eight people. Though it's based on the Raptor, don't expect to go extreme off-roading with it, as Hennessey states that this car is intended for on-road use, as well as light to moderate off-roading.