1960 Ford Excluding Galaxie Hood And Station Wagon Tailgate Letters Nos 616 on 2040-parts.com

Crunch watch Mar 09: the auto industry in crisis

By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.

First Sight: BMW at the 2012 London Olympics

Director of BMW i design Benoît Jacob showed Car Design News the i Pedelec bicycle alongside a new version of the i3 concept at the company's new Park Lane ‘i store' in London. The compact bike folds artfully into the boot of the car, recharging its batteries when stowed. Made in limited numbers, a few i Pedelecs will run outside its contractual fleet of 4,000 vehicles at the London Olympics.

Bosch, Aston Martin team up on DB9 hybrid

German engineering firm Bosch has teamed with Aston Martin on a plug-in hybrid version of the venerable DB9. It keeps the 6.0-liter V12, thankfully, and is boosted by electric motors, for a total of more than 740 hp, according to Auto Express. Two motors sit at the front wheels, providing power, making this technically the first all-wheel drive Aston.