Zenoah G-50 With Electric Starter And Belt Drive on 2040-parts.com

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).

Porsche considering full factory F1, Le Mans teams

New Porsche CEO and president Matthias Muller is weighing up a review of Porsche’s motorsport activities – and claimed the sports car brand could re-enter Le Mans with a full factory team, or even F1. Muller was appointed on 1 October 2010 and has lots on his plate: he’s a VW veteran and is charged with integrating Porsche smoothly into the Volkswagen business empire as Wolfsburg ratchets up its ownership of Porsche. That integration includes motorsport, he told CAR at the 2010 Paris motor show.

Ford will fix software in Fusion, Milan hybrids

While not labeling it a recall, Ford Motor Co. said Thursday that it will update the software of the regenerative braking system on some already-delivered 2010 Ford Fusion Hybrids and Mercury Milan Hybrids. An Associated Press report said a total of 17,600 Fusion and Milan hybrids will be updated.