Yamaha 22f-2139x-00-00 22f-2139x-00-00 Damper on 2040-parts.com

SsangYong will show XUV 1 concept at Frankfurt

South Korean automaker SsangYong will have something to brag about at the Frankfurt motor show in September--namely, the new concept XUV 1. The XUV 1 is a small crossover vehicle with a shape similar to that of the Land Rover Range Rover Evoque. At least that's what we see from teaser photos released on Thursday.

Gumpert Insolvent

German supercar maker Gumpert has filed for insolvency after a foray in to China failed to realise the expected sales. We’re beginning to wonder if the only garden shed supercar makers actually able to make a go of things are British? Gumpert – German maker of extreme supercars – has instigated insolvency proceedings after its plan to make the newly wealthy Chinese fall in love with its bonkers cars floundered.

Ford lines up Mark Fields to succeed Alan Mulally

Ford Motor Co. has named Mark Fields its chief operating officer, putting him in line to succeed CEO Alan Mulally when he retires no sooner than the end of 2014. The appointment of Fields, 51, who has been president of Ford's Americas unit, was part of a sweeping overhaul of executive ranks unveiled Thursday.