Osram Xenarc D1s 35w Hid Bulb 66140 on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Autoweek in review: This week's highlights

Here's a rundown of what you might have missed at Autoweek.com the past few days: --Automakers brought goodies galore to the SEMA show floor in Las Vegas. Check out all our coverage at the Autoweek SEMA show page. --After negative reception of the redesigned 2012 Honda Civic launched last spring, Honda is saying the next refresh for the Civic could be as soon as 2013, which is about a year ahead of schedule.

Peugeot unveils hybrid Le Mans racer

By Ben Whitworth First Official Pictures 15 September 2008 12:20 Peugeot has unveiled a new hybrid-powered 908 HDi FAP racer at the final round of this season’s Le Mans Series. Shown off at Silverstone this weekend the hybrid 908 features a similar kinetic energy recovery setup to next year’s Formula 1 system. The 908’s ‘HY’ undertook a number of demonstration laps in front of the packed grandstands and showed how Peugeot’s passenger car technology is filtering through to its motorsport activities.