Standard Motor Products G62001 Standard G62001 Air Management Valve on 2040-parts.com

On this clear day, you can see Fritz Henderson’s General Motors

Fritz Henderson and the guy he replaced at the top of General Motors, Rick Wagoner, both speak Portuguese. But that may be where the similarities end when it comes to the words spoken by the former CEO and his newly elevated successor. In his first news conference as the head of GM, Henderson made it abundantly clear that he understands the forces that put him where he is and what they expect from him.

Fisker goes to China's Wanxiang

China's Wanxiang Group won an auction for Fisker Automotive Holdings Inc., the maker of luxury plug-in hybrid cars, with a $149.2 million bid, almost six times what Fisker was seeking when it filed for bankruptcy. Wanxiang topped Hybrid Tech Holdings during the auction, which began on Wednesday and went through 19 rounds of bidding, with an offer that includes $126.2 million in cash and $8 million in assumed liabilities, Fisker said Friday in a statement. U.S.

Honda to build new Acura ILX sedan in Indiana

Honda said today it will build the Acura ILX, a new, entry-level luxury sedan, in Greensburg, Ind., starting in the spring. The Acura ILX sedan will debut as a concept at the 2012 Detroit auto show next month, Honda said earlier Monday. It will replace the TSX and be marketed as the gateway to Acura's U.S.