Fiat Cinquecento 1.1i Sporting Ramair Performance Foam Induction Air Filter Kit on 2040-parts.com

GM, SAIC to develop electric cars in China

General Motors will work with its joint-venture partner, Chinese carmaker SAIC Motor Corp., to develop parts and vehicle platforms for electric cars, the companies said on Tuesday. The automakers will use their existing joint venture in Shanghai, the Pan Asia Technical Automotive Center, as the home base to develop the electric car--aimed primarily at the Chinese market. GM says it plans to use the platform, components and technology from the project to build electric cars around the world for various markets.

Mullin Museum to open next month

What promises to be one of the most significant automotive-museum openings in decades will take place next month when collector Peter Mullin opens the Mullin Automotive Museum in Oxnard, Calif. Mullin is known for his love of French cars, and the museum will have more than 100 of them. Graceful and elegant Delahayes, Delages, Talbot-Lagos, Voisins, Hispano-Suizas and Bugattis will all be on hand, wrapped in voluptuous forms from coachbuilders Chapron, Figoni et Falaschi, Gangloff, Vanvooren, Labourdette, Letourneur et Marchand and Saoutchik, among others.

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).