Porsche 924 944 Water Pump Radiator Hose on 2040-parts.com

Audi will use E-tron name for electric cars

Audi plans to use the E-tron designation for its electric vehicles. Audi cars will carry the E-tron logo on their rear, similar to the way models now bear the "quattro" designation. Audi plans to produce an initial run of 100 units of its E-tron electric sports car at its factory in Ingolstadt, Germany, in 2012.

Spyker & Youngman D8 SUV & Phoenix Joint Venture

Spyker and China’s Youngman are launching joint ventures to build the Spyker D8 SUV and develop the Saab Phoenix platform. Did you really think Victor Muller would come out of Saab with nothing? Especially after he told is in April he was looking for investors to push the Spyker D8 SSUV in to production? Muller’s Spyker and China’s Youngman – putative seller and buyer of Saab – are teaming up with a pair of joint ventures that will see Spyker’s long awaited Super SUV – the once D12 SUV and now D8 – coming to market, and Saab’s Phoenix Platform exploited.

Ford cuts CEO's compensation 37%

Ford Motor Co. CEO Alan Mulally earned $13.57 million in total compensation in 2008, a 37 percent decline, as the automaker avoided seeking a federal bailout while posting a record loss. Mulally will take an additional 30 percent cut in salary this year and next as he battles a global financial crisis and the worst U.S.