Snap-on Tmk 739 on 2040-parts.com

2013 Ford Mondeo production delayed

It’s reported that the 2013 Ford Mondeo – due to debut at the Paris Motor Show in September – will not go in to production until Q3 2013. The 2013 Ford Mondeo – which is pretty much the same car as the new Ford Fusion in the US – was expected to arrive at the Geneva Motor Show in March. That it didn’t was a bit odd, especially as it’s colonial cousin, the 2013 Ford Fusion, was revealed at the Detroit Auto Show in January.

Fiat to spend big, dump the Punto & revive flagging fortunes by going upmarket

Fiat Punto to be axed as Fiat moves upmarket Fiat are having a very rocky ride as the Italian economy lurchges from one crisis to another. But Sergio Marchionne has a plan to put Fiat back on track. Spending of €9 billion over the next three years is planned to revive production in Italy, rationalise the Fiat range and continue to push upmarket with Maserati and Alfa Romeo.

Bill Gates, venture capitalist invest $23.5 million in EcoMotors

EcoMotors International has received $23.5 million from Microsoft Corp. Chairman Bill Gates and investor Vinod Khosla for engineering and testing of its trademarked Opoc engine technology. EcoMotors said in a statement Monday that the investment marks a key advance in commercializing its opposed piston-opposed cylinder engine.