Osc 4957 A/c Condenser on 2040-parts.com

Production of U.S.-spec Lotus Exige and Elise to end in August

The end is near for production of U.S.-specification versions of the Lotus Elise and Exige sports cars. Lotus said on Thursday that it will pull the models from the United States because the airbags no longer meet safety standards. Rules require cars to have smart airbags, which adjust deployment for the speed of impact.

Nissan 370Z Nismo cost £36,995 & rest of 370Z range gets a price cut

The extra bang you get from the Nismo isn’t that great – it gets just 13bhp more than the regular 370Z – but it does get tweaked suspension, brakes and a sports exhaust as well as a rather OTT body kit. The body kit may be a bit too brash for many tastes, but Nissan do say it gives the 370Z levels of downforce that rival the GT-R, so when your neighbours laugh at your Halfords-esque 370Z you can tell them it’s all about the go and not the show. We’re sure they’ll believe you.

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.