44-817962a2 Lower End Rebuild Kit Mercury Force 90 Hp Outboard 45-fs707628 Props on 2040-parts.com

News watch August 2010: today's industry news

Welcome to CAR Magazine's news aggregator as we round up the daily stories in the auto industry. Top tip: news summaries are added from the top hour-by-hourTuesday 31 August 2010• HSBC has sold its US car loan business to Spanish bank Santander, for an estimated £2.6bn in cash and assumed debt. The move sees the bank further distance itself from the collapsed US sub-prime market (Financial Times, subsription required) • Toll roads do not improve congestion, according to the Campaign For Better Transport. Its claims M6 toll road operator Midland Expressway Ltd is losing ‘tens of millions of pounds’ each year, while conditions on the original M6 have failed to improve (Campaign for Better Transport) Friday 27 August 2010• Spyker, which bought Saab earlier this year, has posted a €139m loss after tax in the first half of 2010 it announced today (Financial Times)• Fiat CEO Sergio Marchionne says the business is performing strongly in the third quarter – and has ruled out selling Alfa Romeo.

Lexus LF-A on sale in London

The Lexus LF-A has gone on sale in the Lexus dealership in Park Lane You may be surprised to learn that the Lexus LF-A is actually for sale if you were one of the first to read our report last week that you could only lease the LF-A. But if you came later to the story you’ll know that the lease-only deal applies just to the US. Lexus were very quick to contact us after we published the report (all of ten minutes) to say that it was just potential LF-A buyers in the US who would be constrained to a lease-only deal and that the LF-A was up for grabs in the normal way everywhere else in the world.

Freightliner reveals new truck concept [w/video]

Freightliner Trucks has unveiled a new concept vehicle, dubbed the Revolution Innovation Truck, at the 2012 Mid-America Trucking Show. Freightliner has built upon the first Innovation Truck, unveiled in 2009, and has updated the cabin with the latest technologies while keeping the essential day- and night-time functions of the tractor unit. The Revolution Innovation has been aerodynamically optimized, with a sloping hood, low-mounted grille and an integrated, raised over-cab roof.