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Lincoln future products: Seven new or improved vehicles by 2014

Lincoln will have seven new or improved products by 2014, Ford Motor Co. has promised Lincoln dealers. Ford's global product chief, Derrick Kuzak, has said Ford will show some new or refreshed Lincoln products this year.

GM officially bankrupt

GM finally enters Chapter 11 Bankruptcy The US Government is to provide £30 billion to fund the transition, with GM being split in to ‘Old GM’ and ‘New GM’. In exchange for the money the US Government will take a 60% stake in ‘New GM’ with all the toxic assets and liabilities being disposed of through ‘Old GM’. The restructuring will allow GM to survive on a third less sales than before (10 million instead of 15 million).

50,000 copies of the 2012 Honda Civic recalled over driveshaft issue

About 50,000 copies of the 2012 Honda Civic are being recalled because of a potential issue with the left driveshaft. The automaker claims that the driveshaft “may not have been properly assembled, potentially allowing it to separate from the outer CV joint while in operation.” While such a separation could result in total loss of power to the wheels and the inability to securely park the vehicle without the use of the parking brake, Honda claims that no incidents related to the issue have been reported. Earlier this year, Honda recalled about 45,800 Honda Odyssey minivans for faulty tailgate struts, 8,700 Honda Pilot and Acura MDX SUVs to fix a problem in the fuel tank, and 1,300 copies of the Honda CR-V to correct a control-arm problem.