Metra Sk-bt120 Battery 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.

Engineers 'most likely' to crash

BUILDERS and bakers are among the best drivers while engineers and estate agents are among the worst, according to a survey. Based on accident figures per profession, the survey showed that persons classing themselves as 'administrators' were the safest drivers, followed by painters and farmers. Builders were the sixth-safest on the list compiled by insurance company 1st Central, with bakers eighth.

Steve McQueen Porsche 911 hammers at $1.375 million during RM Monterey auction

Setting a world record for a Porsche 911 sold at auction, Steve McQueen's 1970 Porsche 911S went to a new owner for a cool $1.375 million during RM Auctions' Monterey event on Friday. The 911 wasn't just owned by McQueen; it also featured prominently at the beginning of the film Le Mans as the lead character, played by McQueen, drives through France reflecting on the realities of racing. Hagerty's Rob Sass and I checked out the car on Wednesday night at the RM Auctions preview.