1961-1963 Thunderbird Right Vent Glass on 2040-parts.com

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.

Mercedes S63 gets new 5.5 litre V8

The Mercedes S63 AMG is the firts to get the new AMG 5.5 litre V8 Bi-Turbo Mercedes’ top end AMG engine has changed over the last few years. It’s gone from a 5.5 litre supercharged lump to the now ubiquitous 6.2 litre normally aspirated engine, which anomalously gets badged ’63′ throughout the cars that sit at the top of each of Mercedes big-engined ranges. But now we go back to the future with the return of a 5.5 litre V8 – admittedly a completely new engine (M571) – which this time round sports a pair of turbochargers and delivers 554 hp and 590lbs/ft of torque.

SECOND-HAND CAR MARKET REVS UP

THE SECOND-HAND car market is accelerating again, according to latest figures. A total of 1.8 million used cars were sold in the period July to September 2010 - a 4% rise on the same period in 2009, statistics from information services company Experian showed. The summer 2010 figure was 1.1% higher than the figure for the previous three months of April-June 2010.