Tornado Air Insert Ki-55 on 2040-parts.com

Russo and Steele sues tent company over auction damage

Four months after its Scottsdale, Ariz., auction was disrupted by severe weather, Russo and Steele is suing tent company Tri-Rentals for damage caused when a tent collapsed on several hundred collector cars. In a statement released on Thursday, Russo and Steele said that it was forced to file suit against the rental company to protect its reputation. The auction firm says its lawsuit cites negligence, gross negligence, breach of duty of good faith and fair dealing.

Qoros GQ3: Chinese rival for the Ford Focus revealed

The first of a new range of cars from the Chinese Qoros brand – the Qoros GQ3 – has been revealed ahead of a debut at Geneva 2013. Three months ahead of that reveal Qoros has jumped in with a reveal of their first offering and some details about what it has on offer. Unsurprisingly, the reality is somewhat less exciting to look at than the dynamic-looking teaser image we saw last month. Planned to go on sale in both China and Europe during 2013 the Qoros GQ3 is aimed at young buyers, although why any car company would build a C-Segment saloon and expect young buyers to lap it up in Europe is beyond us.

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.