Precision 287 Universal Joint on 2040-parts.com

Saab: Vlad Rides to the Rescue

Vladimir Antonov rides in with €30 million for Saab's coffers It was always an odd move by GM, or the Swedish Government, or whoever it was that decided the deal  for Spyker to buy Saab could only go through if Spyker’s money man – Vladimir Antonov – stepped down. It’s understandable if you have genuine concerns about the credentials of a party to the deal, but taking Vlad out of the equation was an accident waiting to happen. Without Vlad there was no financial safety net for Saab.

Official claims Fisker Karma to blame in Texas house fire

Last week, a fire badly damaged the home of a new Fisker Karma owner, and authorities are saying that the electric car was the source of the blaze. According to Fort Bend County, Texas, chief fire investigator Robert Baker, the Fisker Karma started the fire that spread to the house. “Yes, the Karma was the origin of the fire, but what exactly caused that we don't know at this time,” he said.

Honda cutting production in Swindon again – 500 jobs at risk

Honda is cutting another 500 jobs in Swindon It’s only a year since Honda announced 800 job cuts at Swindon (which eventually was 550) and now they’re about to cut a further 500 as weak demand – particularly in Europe – sees the Swindon plant producing just half the cars it could. The plan is to cut shifts from 3 to 2 a day, which will result in the loss of 340 permanent jobs and 160 temporary ones, and production will be centred on just one production line to increase efficiency and flexibility. The Swindon Plant – which builds the Civic, Civic Tourer, CR-V and Jazz (and the Civic Type-R from next year) – has been hard hit by the slump in European sales in the last five years and, despite still strong UK sales, production levels of 120,000 cars a year – just half of the Swindon capacity – are not enough to sustain the current staffing levels.