Vw Notch Back, Square Back Early, Original, Oil Cooler on 2040-parts.com

Lexus IS 300h promises unrivalled ownership costs

The new Lexus IS - launched at Detroit in January and costing from £26,495 for the IS 250 in the UK – actually offers ownership costs that eclipse diesel offerings from the likes of Jaguar, BMW, Audi and Mercedes, say Lexus. Despite the logical assumption that the complex hybrid powerplant in the IS 300h would cost more to maintain, Lexus say the opposite is true. Because it has no clutch and the starter motor and alternator are integrated they require no servicing or replacement and Lexus has fitted a timing chain instead of a timing belt, so it won’t need regular replacement either.

Spyker CFO is set to step down in July as Saab raises more cash

As Saab Automobile struggles to get back on its feet, Spyker Cars NV announced Wednesday that its chief financial officer plans to resign. Hans Go will step down as statutory director of Spyker effective July 1, Spyker said in a statement today. Saab production restarted last Friday after it received financial assistance from its new China partner, Pang Da.

There will NOT be a ‘Super’ LaFerrari after all

Ferrari has been on the phone this morning to explain that the man from Autocar who spoke to LaFerrari’s chief designer, Flavio Manzoni, got hold of entirely the wrong end of the stick when discussing the design elements Ferrari didn’t use on LaFerrari. It seems Manzoni was explaining that during the design process for LaFerrari there were many design elements that couldn’t be included on LaFerrari, but were so good they wanted to keep them for use on future Ferraris. That was seized upon as confirmation that Ferrari were planning a ‘Super’ LaFerrari to sit above the new supercar at an even more extreme price.