Frt Axle Seal Skf 14474 on 2040-parts.com

Obama vows to help rebuild industry to compete, win

President Barack Obama on Tuesday vowed to hold U.S. automakers accountable for "bad practices" but promised to help create a "retooled, re-imagined auto industry." In remarks to a joint session of Congress, Obama gave a sobering assessment of the nation's ills--mainly economic--but said: "We will rebuild, we will recover, and the United States of America will emerge stronger than before." About midway through the speech, the president said: "As for our auto industry, everyone recognizes that years of bad decision-making and a global recession have pushed our automakers to the brink. We should not, and will not, protect them from their own bad practices.

Ford Euro tuning partner Mountune sets up shop in US

U.K.-based Ford tuner Mountune is opening up a satellite location in California. The company is not well known on this side of the Atlantic, but across the pond it enjoys the status of being Ford's official European tuning partner. Mountune will be offering high-performance racing components for a number of Ford vehicles in the states, and we're excited to see what they'll be able to do with the rabid Ford Focus ST and Fiesta ST models.

Ferrari North Europe aiming for 1,000 Ferraris at Silverstone in record attempt

Ferrari North Europe have already had 600 Ferraris register for the record attempt at Silverstone in September on the Ferrari Parade Record. Last month, when we reported that Ferrari Racing Days are back at Silverstone in September, we mentioned that Ferrari North Europe were planning on grabbing back their record for the most Ferraris on parade. Yes, another of those records nobody really knew existed.