49 Ford F1 Cab Truck on 2040-parts.com

2013 New York F1 Grand Prix cancelled

The 2013 Grand Prix of America in New Jersey has been dropped as organisers run out of time to prepare for the New York street F1 event. With Bernie Ecclestone pushing to get America to fall in love with F1, a headline F1 act on the streets of New York – a Monaco GP for the colonials – looked like a plan. But it’s a plan that’s now been postponed until at least 2014 after Bernie plugged the plug on organisers as they need more time to prepare for what will, by any measure, be a huge logistical task.

Toyota hands over small-car development to its European unit

Toyota Motor Corp.'s European division next month will take charge of global product planning for small cars as the Japanese automaker expands model research and development in the region. The change, announced Dec. 17, means that Toyota will count on Europe to develop future products in the minicar, subcompact and compact segments, something that Ford Motor Co.

BMW recalls 132,000 cars for fuel-pump fixes

BMW is recalling about 130,000 cars fitted with its N54 twin-turbo six-cylinder engine to repair a faulty high-pressure fuel pump. The recall covers the 2007-10 335i; the 2008-10 135i, 535i and X6 xDrive35i, and the 2009-10 Z4 sDrive35i. BMW says about 40,000 of those cars will need a new fuel pump.