Dayco Xtx Series Snowmobile Drive Belt Polaris Fst Iq Cruiser (2007) on 2040-parts.com

Crunch watch Mar 09: the auto industry in crisis

By Ben Pulman and Tim Pollard Motor Industry 31 March 2009 13:48 Tuesday 31 March 2009• Porsche said that its earnings before tax rose to €7.3 billion in the six months to the end of January – including a €6.8bn windfall from its VW share options (Financial Times)• Fritz Henderson, GM's president and chief operating officer, will step up to replace Rick Wagoner, who was ousted on Sunday as CEO of General Motors (Financial Times)• President Obama is essentially CEO-in-chief of GM – despite not owning a single cent of stock, says Detroit News commentator (Detroit News)• German chancellor Angela Merkel gives assurances that any would-be investors in GM's European arm will be given state support. Opel is asking for €3.3 billion in aid – and up to 25,000 jobs in Germany depend on it, with up to 300,000 jobs across Europe including Saab and Vauxhall (BBC News)Monday 30 March 2009• General Motors' chief executive Rick Wagoner has been ordered to resign by US president Barack Obama with immediate effect. It's part of Obama's administration's critique of GM and Chrysler's turnaround plans – he's understood to be unhappy with the plans submitted (BBC News)• New GM non-executive chairman Kent Kresa has admitted that at the company's next general meeting it will have 'a majority of new directors' (General Motors)• Chrysler will receive US government aid for the next 30 days, but the Obama administration has said that if the company cannot secure a tie-up with the Fiat Group within that time period it will not receive any more money from the taxpayers and could go into liquidation.

Paris Motor Show (2010) Preview

Paris Show 2010 The Paris Motor Show 2010 is looming on the horizon – actually, it’s less than a week away and only four days to the press day – so we thought we ought to have a quick preview of what you can expect if you decide to jump on the Eurostar for a trip. Everything we know is already on Cars UK somewhere, but for those who’ve turned up fresh looking for Paris Motor Show news it’ll help to have a preview page. We will try to update this page as we get more news from the Paris Motor Show, but you can always get to the latest stuff by checking out the Paris Motor Show 2010 category which lists all the show’s stories.

Nissan GT-R SpecV arrives

We did a review of the Nissan GT-R recently, and found it to be quite simply the most incredible car, especially considering its bargain price. So what could be better? Well, Nissan thinks it has it with the new Nissan GT-R SpecV, which launches in Japan in February.