Full Throttle 007-1026g Goldfinger Left Hand Throttle on 2040-parts.com

Fiat, Magna emerge as rival bidders for Opel

Fiat S.p.a. and Magna International Inc. are emerging as rival bidders for a significant stake in General Motors' Opel/Vauxhall subsidiary.

Cadillac relaunches in Europe with new models for 2011

Cadillac is relaunching in the UK after a disastrous year in which its European importer went bust locking its entire stock in the hands of the liquidators. Now Cadillac is back – and it’s promising a wider range of more relevant cars than before. However, the appeal in the UK will be stymied by the admission that only two models – the CTS saloon and estate – will be engineered for right-hand drive.

Obama calls for shared sacrifice in auto bailout

President-elect Barack Obama says he wants to keep tough conditions on automakers that get federal loans. The companies must develop sustainable business models because it would be unacceptable "to keep them on their lifeline through taxpayer dollars in perpetuity," Obama told The Washington Post. Obama said industry restructuring will require "everybody, from labor to management to creditors to shareholders, giving something up." His comments contradict suggestions that the new administration will relax federal loan agreements reached last month with General Motors and Chrysler LLC, possibly with softer demands on the UAW.