1985 Cadillac Eldorado Fuel Vapor Charcoal Canister W/ Hoses & Solenoid on 2040-parts.com

Ferrari shows next Enzo's HY-KERS V12 at Beijing

Ferrari stole a surprise march at the 2012 Beijing auto show when it announced a few details about its forthcoming Enzo successor. The powertrain you see here is essentially the hybrid supercar architecture which'll underpin the new hypercar being readied for launch later in 2012. Ferrari chief Amadeo Felisa told CAR the electric powertrain would lop 10% off the 0-124mph time - and its V12 is related to that in the F12, but with more power and 40% lower CO2 emissions.

GM-CDN Interactive Competition Update

The GM-CDN Interactive Competition is in full flow, and by the time you read this, over 50 entries will have been uploaded to the competition site. We encourage all of our readers to head over to the Car Design Contest page to see what's going on and participate. If you're a design student in North America, make sure you get your entry in as the interior phase of the competition closes soon.

Chrysler's main creditors reach deal with U.S.; others hold out

The U.S. Treasury Department has reached a tentative debt-reduction agreement with Chrysler's main creditors but still must get other lenders to sign on for the deal to take effect, three people with knowledge of the talks said today. The accord with JPMorgan Chase, Citigroup, Goldman Sachs and Morgan Stanley would reduce Chrysler's $6.9 billion debt to $2 billion, which would be repaid by Chrysler in cash, they said.