Napa Antennas Universal Radio Antenna 730-1275 Top Mount 3 Section Extends 30" on 2040-parts.com

Classic Lotus Cortina owner wins £5,000 fund

A LUCKY Lotus Cortina owner has won a £5,000 prize to make improvements and restorations to his car. Pete Shaw was awarded the prize by Footman James classic car insurance at last month’s Classic Motor Show. His beloved 1966 Mk1 Airflow Lotus Cortina had been entered into the competition with much-needed work on the cards.

Lincoln shows restored 1934 Edsel Ford Speedster at Pebble Beach

Lincoln unveiled Edsel Ford's restored 1934 Model 40 Special Speedster on Friday during a ceremony on the lawn at Pebble Beach. The one-off car, lost for more than 40 years, was acquired by the Edsel and Eleanor Ford House in 2009 and treated to a complete restoration. According to the company, Edsel Ford originally commissioned the Speedster after visiting Europe and growing enamored of the small sports cars on the continent.

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.