48 Volt Battery Charger Relay, Fits Club Car Chargers 26560, 26580, #103428701 on 2040-parts.com

Toyota proposing $1.1 billion unintended acceleration settlement in US

Toyota are setting aside an additional $1.1 billion to settle claims in the US of unintended acceleration in their cars. In the ongoing saga of unintended acceleration in the US caused by floor mats, Toyota has revealed it is to set aside an additional $1.1 billion to settle claims and fit new equipment to cars affected by the floor mat problem. Toyota are going to install a brake override system in 3.25 million vehicles, set aside $250 million to compensate owners who have already sold their cars, another $250 million for affected owners whose cars can’t get the brake override system, throw in a care plan  for parts related to unintended acceleration and throw $30 million at research in to car safety.

Avis buys Zipcar and grows car-sharing capabilities internationally

Zipcar, a car-sharing company that specializes in renting cars by the hour or day, announced Wednesday it will be acquired by Avis Budget for $491 million, or $12.25 a share. The action will help Avis compete against Hertz Global Holdings, which became the world's second largest car-rental company in 2012 following its purchase of Dollar Thrifty car-rental company for $2.6 billion, according to a Bloomberg report. “By combining with Zipcar, we will significantly increase our growth potential -- both in the U.S.

UPDATED: 2014 Chevrolet Corvette LT1 V8 to make 460 hp, 465 lb-ft

UPDATED 5/28/2013: Chevrolet has officially rated the 2014 Corvette Stingray LT1 V8 at 460 hp at 6,000 rpm and 465 lb-ft of torque at 4,000 rpm. Chevy claims up to 316 lb-ft of torque is available starting at 1,000 rpm. Check out complete LT1 details below, and look for an upcoming breakdown of the latest LT1.