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

GM cuts Facebook ad spending, but Ford steps on the gas

On the eve of Facebook's wildly anticipated initial public stock offering, General Motors said May 15 that it will stop buying advertisements on Facebook--about $10 million a year--but "remains committed" to the social network as part of "an aggressive content strategy with all our products and brands." In other words, GM will not pay Facebook for ads but will continue to maintain content, for which Facebook doesn't collect revenue. News of the decision was reported in The Wall Street Journal. But GM's position is far from universal.

UK electric car sales hit record high

While electric cars may not have taken off as quickly as the likes of Renault and Nissan had hoped, the latest figures from the government’s £5,000 electric car grant scheme show that sales have leapt 25% in the last quarter. A total of 1,149 electric cars were registered in Q3, not only a 25% improvement over Q2, but the most successful quarter since the government scheme began back in January 2011, indicating that consumers are starting to understand the technology and its limitations rather better. On Bing: see pictures of electric cars in the UK Find out how much an electric car costs on Auto Trader This news comes as the Renault-Nissan alliance has been forced to admit it is not going to reach its self-imposed target of 1.5 million electric car sales by 2016.

GM shifts gears, will keep Opel

General Motors' board of directors has decided that it will keep the Opel business and restructure it, putting an end to plans to sell the European operations to auto supplier Magna International. GM said it expects the restructuring of Opel to cost $4.42 billion (3 million euros), which it says is lower than the costs associated with outside bids for the company. GM said it will soon present its restructuring plans for Opel to the German government and other governments in Europe.