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

GM posts $2.5 billion profit, led by North America

General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.

1961 Jaguar E-Type ‘Barn Find’ sells for £110k

Rarity is all in the classic car world, which is one of the reasons why the early, pre-Fiat Ferraris command huge prices (there were only 33 Series 1 Ferrari 250 GTOs built and you would now have to pay north of $40 million for one) and why the E-Type – glorious and desirable though it is – commands a fraction of that. In fact, you can pick up a very decent E-Type in good condition for as little as £50k, and even E-Types that have been fully restored and with low mileage don’t often break the £100k barrier. So why has this tatty 1961 flat-floor E-Type sold for £119,020 at Bonhams auction at the RAF Museum in Hendon?

Mercedes SLS AMG GT3 (2010) first official pictures

This is the Mercedes SLS AMG GT3, a racing version of Merc's incredible Gullwing supercar. Unveiled today at the 2010 New York auto show, it'll start racing in 2011. Correct – the FIA’s GT3 races are designed for ‘near-series’ cars so costs are kept low, and there’s a burgeoning field with everything from R8s and 911s to BMW’s new Z4 racer.