Russell 671580 Safety Wire on 2040-parts.com

California rules give push to 'green' vehicles in the near future

California regulators on Friday approved a plan that would require 15.4 percent of new vehicles sold in the state be electric, fuel-cell or plug-in hybrid vehicles by 2025. The rule--supported by major automakers--is part of a broader package of regulations called the Advanced Clean Car program designed to cut vehicle greenhouse gas and smog-forming emissions. The sweeping new auto emission standards could mean 1.4 million electric, fuel cell and plug-in hybrid vehicles on California roads by 2025.

UK new car sales hit a 10-year high

UK new car sales continue to scale new heights, with more new cars sold in March 2014 than in any month in the past decade. Sales figures released by the Society of Motor Manufacturers and Traders (SMMT) reveal that 464,824 new cars were registered last month – a 17.7% rise over March 2014. It continues the trend of rocketing sales, with year-to-date registrations up 13.7%.

Saab secures more funds as it seeks to avert collapse

Saab parent Swedish Automobiles has found another financial lifeline in China as the struggling carmaker faces possible legal action from unions over unpaid wages. In a statement this morning, Swedish Automobiles announced that an un-named Chinese firm has placed an order for 582 Saab vehicles, valued at 13 million Euro (£11.5m) with full pre-payment 'expected to be made this week'.  Saab plans to use the funds to pay wages and begin partial payments to component suppliers in order to restart production. Saab's financial crisis: the current situation.