Stock Intercooler - 07 Ford F250 6.0l on 2040-parts.com

New car sales see record growth period

ANOTHER rise last month has taken UK car sales to their longest-ever period of growth. A total of 194,032 new cars were registered in May – a 7.7% rise on the May 2013 figure, the Society of Motor Manufacturers and Traders (SMMT) said. The increase last month was the 27th consecutive monthly rise – beating the previous record of 26 months of growth between May 1987 and June 1989.

BMW unveils its 2012 Olympic Games pavilion

BMW has unveiled its new pavilion for the 2012 Olympic Games in London. The winning design came from British architects Serie after bids from six companies. As the sole automotive sponsor, BMW is allowed to build a pavilion at the Olympic Park during the London 2012 Olympic & Paralympic Games and it expects to draw 8000 visitors a day.

GM may extend Saab deadline, report says

General Motors is prepared to wait beyond the end of this week before deciding on the future of Saab as it reviews remaining bids, Bloomberg News reported. The news agency quoted Saab board member Paul Aakerlund as saying that if there is a bid that GM finds sufficiently interesting, then GM's Dec. 31 decision to wind down its Swedish unit "is not a date that's holy.” Aakerlund said GM told Saab last week that it would wind down Saab and simultaneously continue talks with bidders about a sale, said Aakerlund, who also heads the IF Metall union at Saab.