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Get ready for the New GM

Unless there is some sort of major, unforeseen hiccup, the sale of General Motors' assets--creating a new company--is expected to close Friday. The new GM will be 60.8 percent owned by the U.S. Treasury.

Catalytic converter thefts double in three years

Associated Press Thefts of catalytic converters from cars have more than doubled in less than three years, according to an investigation by the BBC. Data compiled from 40 police regions across the UK reveal that in 2012 a total of 8,947 catalytic converters thefts were reported, compared to 3,957 similar cases recorded in 2010. On Bing: see pictures of catalytic convertersStreet sweepers to mine UK roads for precious metals A car’s catalytic converter reduces its harmful exhaust gas emissions by initiating a chemical process to neutralise many toxic substances emitted from the engine.

Infiniti Q50 hit by steer-by-wire recall in the US

Infiniti has issued a recall notice in the US for a small number of Q50 models fitted with the firm’s new Direct Adaptive Steering system. This is a ‘steer-by-wire’ steering system that only has a mechanical link between the steering wheel and the wheels as a back-up. The rest of the time the steering is operated by electronics, rather than a direct connection.