Snap-on 1/2" Drive 7/8" 6 Point Deep Impact Socket Sim280 Used 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.

New small Jaguar (Jaguar XS) caught on video at Nurburgring

The new small Jaguar pictured testing at the Nurburgring. A replacement for the un-loved Jaguar X-type has been on Jaguar’s ‘To Do’ sheet for some time, but a new small Jaguar is now finally on the way, although it is still probably more than a year away from hitting Jaguar showrooms. But a year or so is no time in terms of new car development, so Jaguar are already out playing with prototypes of the new small Jaguar – perhaps the Jaguar XS – although they’re wearing slightly unconvincing XF clothes.

Pebble Beach Automotive Week and Monterey Classics Week 2013 preview

Newspress If you love cars, one little corner of the globe will be irresistibly calling out to you this week. The air around Pebble Beach and the Monterey Peninsula in California is throbbing with the engine notes of world’s greatest, fastest, newest and most valuable cars. It’s Pebble Beach Automotive Week and Monterey Classics Week 2013, a loose collection of glittering world-class car events bringing together an incredible collection of jaw-dropping exotica from across the entire automotive spectrum.