Car on 2040-parts.com

F1 photos raise £20,000

A SERIES of photographs taken by Formula One drivers and team members has raised more than £20,000 at a charity auction. The sale included an image taken by Michael Schumacher of a boat on a lake that fetched £2500. An identical amount was paid by Formula One boss Bernie Ecclestone for one of his own pictures.

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.

Tesla is the midst of coast to coast rally from LA to New York

Just a few days after the last Tesla Superchargers were in place, allowing a coast to coast trip from Los Angeles to New York (via South Dakota), the company has decided to test this is practice. Tesla has staked its reputation on getting 98 percent of the country within the coverage of a Supercharger station by 2015 and the first major milestone was the completion of what we'll call The Supercharger Trail, a series of overlapping charging station locations that would allow one to take a trip from New York to LA. Just past midnight on Thursday, January 30th, a Tesla Motors team left Los Angeles in two Model S sedans bound for New York City.