Volvo Penta Sx 4.3l V6 Harmonic Balancer 1997 on 2040-parts.com

Renault Twizy RS F1 concept (2013) first official pictures

Renault has given the Twizy electric car a mad twist by bolting on an F1-style KERS system for Megane Renaultsport 265-worrying performance available for the very brave. The Twizy Renault Sport F1 Concept sits on single seater racing wheels, has an F1-apeing front splitter, side-pods, rear wing and even a rear diffuser to make the link to the racing side of Renault’s activities. F1-style KERS in a Twizy?

Fiat will buy the rest of Chrysler for $4.35 billion

Fiat has announced that it will purchase the rest of Chrysler in a deal totaling $4.35 billion. Currently, the outstanding 41.6 percent stake in the company is owned by the UAW's voluntary employee beneficiary association, or VEBA, trust. Under the terms of the deal, Fiat won't shell out all $4.35 billion.

Volkswagen and BYD get cosy

VW and BYD have signed an agreement to work together on developing battery technology (BYD F3DM plug-in Hybrid pictured). Volkswagen has announced that it has signed a Memorandum of Understanding with Chinese car maker and EV specialist BYD to work together “in the area of electric mobility”. Seems sensible.