Chevrolet Corvair Carburetor Set For Parts 7019111 on 2040-parts.com

Crunch watch Dec 08: the auto industry in crisis

By Tim Pollard and Simon Stiel Motor Industry 31 December 2008 14:05 Wednesday 31 December 2008• GMAC, GM's finance arm, said it would immediately revise its criteria for providing loans, after the US government bail-out of the General's credit arm. It will now supply credit for anyone with a score of 621 or more on the Fico scale, the scale used to assess Amercian customers' creditworthiness (Financial Times)• The news means that 80% of US consumers would now qualify for a loan from GMAC – which should improve sales in the depressed US market (Detroit News)• Chrysler is being lambasted for taking out full-page adverts in the American national press thanking the nation for supporting its auto industry. But critics point out this is a fresh waste of bail-out resources, as pages in the Wall Street Journal – one of the titles in which the ad ran – reportedly cost up to $264,000.

Tesla Model S deliveries scheduled

It's been a big day for Elon Musk. First, his company, SpaceX, launched a rocket into space on a mission to resupply the International Space Station. Next, another of Musk's companies did something that many thought was even more improbable--Tesla has scheduled customer deliveries of its first sedan, the Tesla Model S.

Subaru stops sales of three 2012 nameplates for brake problem

Subaru of America stopped the sale of 2012 Impreza, Legacy and Outback models on Nov. 25, following customer complaints about increased brake pedal travel. Parent company Fuji Heavy Industries says it is recalling around 3,000 cars already sold and delivered.