Mercruiser Power Steering Oil Cooler on 2040-parts.com

Henrik Fisker wants to buy back Fisker

The resignation of Henrik Fisker in March from the eponymous company he worked so hard to build in to a credible ‘Green’ car company precipitated the meltdown of Fisker, which now stands on the edge of bankruptcy over $171 million owed to the US government. But Henrik Fisker has a plan. He’s teamed up with Hong Kong billionaire Richard Li – a Fisker investor – to try and buy the US government debt and save Fisker from being crushed by bankruptcy.

Who's Where: Richard Ferlazzo appointed GM Australia design director

Richard Ferlazzo has been appointed General Motors Australia design director. Taking up the position from 1 September, he will report directly to executive director international operations design Michael Simcoe and also GM Holden chairman and managing director Mike Devereux. Ferlazzo will be responsible for Advanced, Production and Global Contract programs and replaces Andrew Smith who left Holden this month to take up the position of executive director of global Cadillac and Buick design at GM's technical center in Warren, Michigan.

Volvo V60 Polestar costs £49,775 – just 175 coming to the UK

Just 175 Volvo V60 Polestars (pictured) coming to the UK We did expect, when the Volvo V60 Polestar was made official in November last year, that it would be a regular production model. But instead it’s going to be a limited edition special. That probably makes sense with Volvo busy updating their entire range, but it does mean there will be just 750 cars built, of which 175 are earmarked for the UK – the biggest allocation of any market.