Arias Pistons 12.5:1 Compression 82mm Bore Honda B-series on 2040-parts.com

Lack of history loses 20% of a car’s value

A CAR being sold without a full service history is worth one-fifth less on average than a car with a fully stamped service book. This amounts to an average of £1464 for the typical used car sold in the UK with a price of £7706. A study by Kwik Fit found buyers expect a 19% discount for cars with incomplete or no service history, which is costing the used car industry £10 billion per year in lost revenue.

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.

Porsche 911 Turbo S (2010) first photos

Porsche will show off the new supersized, beefcake 911 Turbo S at the  2010 Geneva motor show. It’s the 911 Turbo aimed at that greedy niche who think the standard car isn’t fast enough. Which presumably consists of one Herr Rohrl.