06 07 08 09 10 Ford Explorer Wheel 18x7-1/2 Steel 16 Holes 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.

Rolls-Royce-infused Mini debuts at Pebble Beach

Mini is debuting a 2012 special-edition Cooper hardtop infused with Rolls-Royce design at the Pebble Beach Concours d'Elegance this week in California. The limited-run Mini Inspired by Goodwood will be set up alongside the Mini Cooper coupe two-seater--first revealed at the Geneva motor show--making its U.S. debut.

'27% would drive into floodwater'

A DEVIL-MAY-CARE attitude amongst drivers is commonplace when it comes to flooded roads, according to a survey. Nearly 2% would ignore a road-closed sign, while 42% would blindly follow the vehicle in front if it managed to cross a flooded road successfully, the poll shows. Around a quarter of drivers (27%) would attempt to go through moving floodwater nearly 12in (30cm) deep, according to the Populus survey conducted for the Environment Agency and the AA.