Volkswagen Main Bearing Set on 2040-parts.com

GM Sale to Magna Cancelled

GM has cancelled the sale of Opel and Vauxhall to Magna It’s been fraught with problems from the start, but what fire-sale isn’t? The unions have been unimpressed with what Magna were offering. The EU has had a pout and a stomp about the sale.  Lord Mandy has said lots but done little.

Fiat 500 to spawn the 500X SUV / Crossover

The Fiat 500L (pictured) will turn in to the butch Fiat 500X SUV With the Fiat 500, 500C and 500L aiming to take on MINI, Fiat has decided the next step is a Countryman SUV 500 – the Fiat 500X. The two most successful reincarnations of iconic cars to hit the market have been the MINI and the Fiat 500. Both have managed to evoke the spirit of the original in a cohesive and appealing modern iteration.

Mercedes signs joint venture to build carbonfibre parts

Not to be outdone by BMW’s joint venture with the SGL Group to manufacturer commercially viable carbonfibre-reinforced plastic (CFRP) for the electric Megacity Vehicle, Mercedes has announced a joint venture with Japanese company Toray Industries to manufacturer and market its on CFRP automotive parts. The deal was signed in Germany today, with Toray taking a 50.1% stake, Daimler holding 44.9% and the remaining 5% being taken by other shareholders. The two companies started working together in March 2010, and while Toray has been working on the materials and moulding processes, Merc has designed the automotive parts and the technologies to join the parts together.