Trippe Light Senior Bracket Fire Engine on 2040-parts.com

GM Sale to Magna Cancelled

GM has cancelled the sale of Opel and Vauxhall to Magna It’s been fraught with problems from the start, but what fire-sale isn’t? The unions have been unimpressed with what Magna were offering. The EU has had a pout and a stomp about the sale.  Lord Mandy has said lots but done little.

Volvo tests flywheel technology to cut fuel use

Volvo is testing flywheel technology--being used in Formula One racing to give cars an extra boost--as a technology that could help cut fuel use in future cars by as much as 20 percent. Flywheels recapture energy normally lost as heat during braking. That energy can then be used to help propel the car.

Are used car prices about to spiral down?

CAP – the used car price specialists – are warning that used car prices, particularly ’almost’ new car prices, are set to tumble as nearly new cars hit the market. The car market in the UK has proved amazingly resilient to the general malaise in the economy, with new car sales continuing to rise strongly and used cars seemingly immune to big depreciation drops. But CAP – who gauge used car prices for the motor trade – are warning that this could be about to change as the impact of recent trading in new cars is about to start impacting on used car prices, particularly prices for cars less than a year old.