Beck/arnley 201-1988 Ignition Switch Assembly on 2040-parts.com

Euro Car Parts sold for £225 million

Euro Car Parts Sold for £225 million There was a time, a very long time ago, where Euro Car Parts was an almost hidden secret, supplying manufacturer standard parts for higher end cars at prices that were much more affordable. The key to Euro Car Parts success was supplying parts which seemed to be sourced from the same suppliers as the car maker itself, but sold without the same huge margins. This writer was an avid fan of Euro Car Parts as a struggling young dad with a penchant for cars he couldn’t really afford; Euro Car Parts – and weekends with a toolbox and oily hands – kept a succession of luxury and performance cars on the road on a shoestring, but without compromising quality.

Toyota ends powertrain deal with Tesla

To the surprise of no one, Toyota has announced the end of a partnership with Tesla that gave rise to the slow-selling RAV4 EV, which will be replaced by a fuel cell car next year. Toyota has said that it can't meet California's zero-emission vehicle (ZEV) mandate profitably with electric cars, but it thinks it can make money, or at least not lose so much of it, with fuel cells. Toyota signed a $100 million joint development deal in 2011 with Tesla, to build powertrains for its RAV4 EV.

Bugatti sells its last Veyron

Bugatti has sold the last of its 300 Veyron 16.4 supercars. The customer of the final Veyron is based in Europe and is new to the Bugatti marque. Bugatti Veyron: the controversial king of the supercar world Volkswagen Group picked up the Bugatti name in 1998, following the 1995 bankruptcy of Romano Artioli's Modena-based Bugatti factory, which had produced the EB110 quad-turbo V12 supercar.