Beasley Lay Down Racing Kart Seat on 2040-parts.com

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.

New McLaren F1 to get 1000 bhp – private reveal at Pebble Beach

The new McLaren F1 – McLaren P12 Project – will be revealed to private clients at Pebble Beach next month and gets 1,000bhp. McLaren’s successor to the iconic McLaren F1 is nearly upon us, and according to a McLaren owner we’ve spoken to it looks set to be revealed privately at Pebble Beach next month prior to a public debut at the Paris Motor Show in September. According to our source, McLaren already has at least two complete cars to show and has shown the new F1 – which may be the McLaren 799 – to a number of wealthy McLaren clients already.

Preview: Porsche Panamera

After what has already been the most drawn-out model introduction ever (the initial Porsche sketches of the new model having been revealed in 2005), Porsche has finally released the first official rendering of its forthcoming Panamera sedan, set to be launched in 2009. Though the plan view doesn't show much of the new Porsche's design, the company says the features will 'include a wide and low body offering dynamic proportions and muscular design'. But while the grand tourer will have a 'compact overall look', the interior space is claimed to offer a brand-new experience of roominess, with two single seats and generous headroom at the rear allowing adults to sit in comfort.