04-06 Xl883 Sportster Le Pera Bare Bones Carbon Fiber Front Seat, 3.3 Gal Tank on 2040-parts.com

Ford earns $2.6 billion in first quarter

Ford, helped by new models, rising U.S. sales, and a rebound in Europe, reported a first-quarter profit of $2.6 billion today. In the first quarter of 2010, Ford earned just over $2 billion.

Volkswagen hits back, weighs making a bid for Porsche

Volkswagen is considering an audacious reverse-takeover bid for its majority shareholder, Porsche, in a twist in the drawn-out struggle for control between the two German carmakers. The Volkswagen Group's supervisory board is said to be weighing the possibility of purchasing Porsche AG, in a move that would relieve its holding company, Porsche SE, of massive debt that industry analysts suggest the company may not be able to fund should the world's financial crisis drag on well into 2010--a scenario put forward this week by the International Monetary Fund. The secret plan emerged as shareholders were set to convene at Volkswagen's annual meeting on Thursday, and it comes after Porsche revealed that it is carrying some 9 billion euros ($11.73 billion) in debt, most of it owing to interest on loans taken out to purchase its 50.8 percent stake in VW.

Legendary Chevrolet Corvette 427 returns as convertible for anniversary celebration

More than 40 years have passed since Chevrolet labeled a Corvette with a 427 badge. But beginning this summer for a limited run, the legendary nameplate will return on a convertible model commemorating the marque's 60th anniversary. The car was unveiled to the public for the first time on Friday night at the Barrett-Jackson auction in Scottsdale, Ariz., where the rights to purchase the first car with serial No.