Lycoming T53 Accessory Drive Carrier on 2040-parts.com

GM Europe weeks from running out of cash

By Phil McNamara Motor Industry 03 March 2009 19:03 GM Europe will run out of cash ‘early in the second quarter’ of 2009, unless the divison secures $3.3bn in funding from European governments. Speaking today (Tuesday 3 March), GM chief operating officer Fritz Henderson revealed that insolvency loomed, due to the plunge in European car sales and GM’s liquidity crisis in North America. He ruled out a swift cash injection from private investors, saying that no talks had taken place and that lengthy negotiations and due diligence would take too long.

Porsche Panamera S E-Hybrid qualifies for £5,000 taxpayer incentive

Porsche Panamera S E-Hybrid qualifies for £5,000 taxpayer incentive When Porsche revealed the first facelift for the Panamera back in April, they also revealed the Panamera S E-Hybrid, a plug-in hybrid with the power of a V8 and the fuel consumption of a city car. It’s a brilliant demonstration of how car makers have worked their way round the daft CO2 tax regimes designed to strangle the marketplace for powerful, luxury cars by using technology to attain far lower official emissions figures than ever. In the case of the Panamera S E-Hybrid that means a plug-in hybrid with a 94bhp electric motor to boost the power from the 3.0 litre V6 to 410bhp.

Ferrari Theme Park is go

By Ben Pulman Motor Industry 05 November 2007 02:47 This past weekend the foundation stone for the Ferrari Theme Park was laid on Yas Island in Abu Dhabi – one of seven Emirates making up the UAE - along with a time capsule. Under the rule of Luca di Montezemolo Ferrari has gone from strength to strength, and having its own theme park will surely cement Ferrari’s future. The theme park will sprawl across 250,000sq m, with 80,000sq m under cover.