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

Electric cars amped up with £500 million boost

THE GOVERNMENT is to extend the £5,000 grant scheme open to anyone who buys a car with plug-in electric power. It is part of a £500 million move to encourage car owners – and city authorities – to take up the electric car baton and run with it. The initiative will give cities a chance to win government funding to further the sales of electric cars in their areas, for example by allowing them to use bus lanes or park for free.

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.

Aston Martin reveals the 2012 V12 Vantage GT3 race car

Aston Martin V12 Vantage GT3 It’s been mooted for quite a while, but now it’s confirmed – AM are to replace the DBR9S race car with the Aston Martin V12 Vantage GT3. Built on Aston Martin’s now rather ancient V/H architecture modular chassis, the Vantage GT3 also features Aston Martin’s one and only engine – the V12 originally built from a pair of Ford Mondeo engines – which in the GT3 version will produce something in the region of 600bhp and 516lb/ft of torque. What the GT3 also gets – as the photo above clearly demonstrates - are new aerodynamics, which makes the GT3 seem much more aggressive than the V12 Vantage on which it’s based.