Timken 512194 Wheel Hub/bearing Assembly Each on 2040-parts.com

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.

EU ban on petrol and diesel cars from city centres by 2050

Say goodbye to the Black Cab & London bus under EU plans In yet another case of ‘Why do we elect idiots to govern us?’, the EU is calling for a complete ban on all petrol and diesel powered cars from city centres by 2050. Why not by next year? The ‘Brussels Ban’ lays out a timescale for other ‘worthy’ objectives along the way.

Dacia Sandero: Price from £5,995

The new 2013 Dacia Sandero – revealed at Paris 2012 – is to cost from just £5,995 when it arrives in the UK in January 2013. The Sandero joins the Dacia Duster SUV in an attack on the burgeoning ‘Budget’ market in the UK and stands out as a Fiesta rival at almost half the price you’d pay for entry in to Ford’s evergreen supermini (£9,795). The Sandero’s styling isn’t cutting edge, but nor does it shriek ‘Cheap’ at first glance.