Fel-pro Inc. 60631 Carb. Mtg on 2040-parts.com

One Lap of the Web: New Transformers, home-built cars and two Mercury Marauders

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Michael Bay has been releasing the cars of “Transformers 4” for the past couple of months, and the latest one to be revealed is the Pagani Huayra (“why-ra”).

2015 Ford Mustang makes premier 'Hero' car

The 2015 Mustang stirs up the silver screen with the latest co-branded commercial set to arrive this weekend during the Daytona 500. “Need for Speed” director Scott Waugh says that the ideal movie cars “combine tons of power, rear-wheel drive, great handling and the ability to be easily flung around corners.” So what's better than the latest and greatest Mustang to roll out of the Blue Oval? The 50th anniversary of course.

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.