Weld Racing Wel559 5415 Weld Wide 5 Xl Direct Mount 15x14 / 5x10.25 Bp / 5in on 2040-parts.com

Chrysler, CAW reach tentative contract deal

The Canadian Auto Workers tentatively agreed tonight to new concessions that will save the struggling automaker $240 million annually and help the carmaker to try to avoid a bankruptcy filing, CAW President Ken Lewenza said at a news conference. In exchange, the CAW got Chrysler and potential partner Fiat SpA to agree to keep its two Chrysler assembly plants open even if bankruptcy is unavoidable, Lewenza said. General Motors and Ford Motor Co., which signed new CAW agreements earlier, have indicated their desire to get the same concessions as those negotiated with Chrysler, Lewenza said.

Caterham calls time on iconic Superlight R500

By Adam Binnie Motor Industry 08 July 2014 10:52 The final Caterham Superlight R500 has rolled off the production line as the Dartford sports car maker closes the order book on one of its most extreme creations. The 253bhp R500, which is capable of reaching 60mph in 2.88 seconds, pirouetted onto the scene in a cloud of tyre smoke in 2008. This lightweight David went on to win hearts and minds around the world by beating the Goliath Bugatti Veyron on Top Gear TV’s test track by nearly half a second.

BMW M3 coupe gets stripped down to go club racing

BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS. The lightweight coupe, set to go on sale in early 2010 at a yet-undisclosed price, was conceived as a limited-edition model primarily for club-based racing in much the same way that Porsche builds the 911 GT3 Clubsport. But in a clear effort to link its track-based activities with the production-car side of its business, BMW's M division is offering the new car with a homologation package that will allow customers to register the M3 GTS for street use.