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

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.

Enzo Ferrari died 25 years ago today

The word “Ferrari” is evocative enough as it is, but add “Enzo-era” to the mix and we imagine a very specific type of machine -- a vehicle that is raw, passionate, perhaps a bit prickly, but above all, utterly unique and irreplaceable. There's a reason Enzo-era Ferraris are magical: Enzo Ferrari himself. Born in 1898, Ferrari joined the Alfa Romeo racing team in 1920, established Scuderia Ferrari in 1929 and put his name on a V12-powered race car in 1947.

What scrappage incentives are doing to the European market

Scrappage incentive By Glenn Brooks Motor Industry 21 May 2009 10:15 Remember the old shape Skoda Octavia? We might not be able to buy it in Blighty but it’s roaring up the sales charts in Germany thanks to scrappage incentives on offer there. All across Europe, cash-for-clunkers schemes are turning markets upside down, with the brands that offer the most car for the money the biggest winners.