Tekonsha 5604 Grease Seal on 2040-parts.com

One in five suffers 'car envy'

DRIVERS in the UK are more likely to give way to classic or unusual cars such as a Citroen 2CV or Volkswagen Beetle, but one in five also admits they are less likely to be courteous to large 4x4s due to car envy, according to a survey. Nearly a half (47%) of UK motorists say they leave more space between their car and the one in front if the car ahead is driven by an elderly driver. Others (5%) admit to trying to slow down boy racers if they see the driver is wearing a baseball cap and is a young male.

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Toyoda says company is ‘grasping for salvation', fears big sales loss

Toyota Motor Corp. President Akio Toyoda said his money-losing automaker is “grasping for salvation” as it struggles to return to profit. The world's largest car company was once targeting annual sales of 10 million vehicles but now expects sales of 7.3 million this year, down from 8.97 million in 2008, Toyoda said today at a news conference.