Set Of 3 Ford Airbag Air Bag Simulators 418-139 / 418-138 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.

Pagani C9 mule spied

The Pagani C9 testing in South Africa - image from Easycarblog A couple of weeks ago we reported that Horacio Pagani had been talking about the new Pagani C9 to the Argentinian press. The C9, in case you didn’t know, is Pagani’s replacement for the Zonda and is due to be revealed alter this year. The Pagani C9 will feature an all new, Mercedes-built 6.0 litre bi-turbo V12 with 700bhp.

2013 Infiniti IPL G convertible officially announced at Pebble Beach

In an expected move, Infiniti has announced it will build a production version of the IPL G convertible concept seen at this year's New York Auto Show. The 2013 Infiniti IPL G convertible will likely share hardware with the IPL G coupe on sale now, and the power retractable hardtop used by the G37 convertible. IPL, which stands for Infiniti Performance Line, is the manufacturer's in-house performance department, serving as an extension of the Nissan NISMO works into the company's luxury division.