Paxton Supercharger Gauges Mcculloch Ford Gt Cobra Mustang Hot Rod on 2040-parts.com

Kia K2 (2011) - it's the Rio saloon for China

Kia is developing a four-door saloon version of the new Rio supermini, dubbed K2 and revealed today at the 2011 Shanghai motor show. The Kia K2 has been developed specifically for the Chinese market and there are no plans - even in the long run - to bring it to the UK, according to a UK spokesman. Kia K2: looks like an Optima!

Joel Piaskowski becomes Director of Exterior Design at Ford North America

Joel Piaskowski is set to become Ford's North American Director of Exterior Design. He will be filling the position previously vacated by Moray Callum, who was promoted to Executive Director for Ford Americas design when Peter Horbury went back to head up Volvo's design efforts earlier this year. "I'm very much looking forward to working with the team at Ford," Piaskowski told Car Design News.

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.