Yamaha Yfz 450 Amr Racing Graphics Sticker Yfz450 Kit 04-08 Quad Atv Decals Ns R on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Design Contest: Terra Prix 2085

Local Motors is back once again with another design competition. Unlike previous contests that aim to produce cars through open source design, the Terra Prix 2085 contest is set firmly in the future. As the name would suggest, the concept is based around the idea of future motorsport: an around the world race taking in all continents and every variety of terrain.

Gordon Murray's electric city car gets green light

The UK Government tonight announced a major investment in Gordon Murray's radical new city car project. A £9 million grant will fund development of the T27, an electric city car successor to the original T25 being designed in the UK by the maverick engineer behind the McLaren F1 and numerous racing cars. The money will be spent designing and producing four prototypes over a 16-month period, with the eventual aim of putting an electric car with sustainable manufacturing processes into full production here in the UK.  The T27 will be the follow-up to the petrol-powered T25, a small city car designed by jointly by Gordon Murray Design and Zytek Automotive technology.