Bendix Rt-131a Radar Receiver Pn 4000763-3101 on 2040-parts.com

Are GM planning to shut Vauxhall for good?

Could General Motors (GM) be planning to close Vauxhall down for good as they seek an answer to huge losses in Europe. General Motors has had its share of problems in the last few years, not least the bailout needed to save it from bankruptcy in the US. That US bailout has seen GM return to profit in the US, but GM Europe continues to be a big hole in its accounts as the European car market continues to struggle with over capacity and a lack of buyers for traditional mainstream cars.

Swedish court rejects Saab creditor-protection plea; Saab will appeal

A Swedish court on Thursday rejected an application by ailing carmaker Saab for protection from creditors to give it breathing space to solve a cash crisis and get funds from Chinese investors. The Vanersborg district court in western Sweden said in a statement on its Web site that there was no reason to believe a new creditor protection process, known as a reconstruction, would work. Saab said in a statement that it is disappointed with the ruling and will appeal the decision.

Kimi may quit again

KIMI RAIKKONEN has revealed he will likely quit Formula One again once his current deal with Ferrari expires at the end of 2015. Raikkonen dropped the bombshell at Silverstone ahead of the British Grand Prix this weekend, and just eight races into his second coming at Ferrari which has so far been a bitter disappointment. Struggling with a car not to his liking, the hotly-anticipated scrap with team-mate Fernando Alonso has failed to materialise as the Spaniard has comfortably out-qualified and out-raced the Finn.