1974 Mercury 20hp 200 Front Cover Cowl 2127-2666a8 2127-5669a2 on 2040-parts.com

Diesel rocket passes 300mph in record bid

By Phil McNamara Motor Industry 18 August 2006 09:30 The 1500bhp JCB Dieselmax has passed 300mph in a test run for its diesel land speed record attempt. The sleek racer – powered by twin diesel engines each producing 750bhp – touched 308.252mph yesterday (Thursday 17 August). That smashes the current diesel car world record of 235.756mph, set in 1973.

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.

Concept Group International (CGI) expands its reach into China

CGI is one of the European leaders in vehicle development technology and is increasing its client base by providing engineering services to Chinese automotive manufacturers. CGI is currently operating in China utilizing the capability of its strategic partners based on the mainland, allowing Chinese automotive manufacturers to benefit from CGI's expertise and its history in engineering and innovative design.  CGI has developed key partnerships with major automotive manufacturers based in the UK and Europe and is fully committed to generating similar relationships in China. By providing OEMs such as Bentley, Jaguar Land Rover, Nissan and Aston Martin with best-in-class quality and on-time delivery, CGI is now poised to further develop its presence in the Asian market.