Dorman 521-024 Control Arm With Ball Joint on 2040-parts.com

Karmann files for insolvency

Karmann, the century-old German coachbuilder synonymous with cabrios and the famous 1950s Karmann Ghia, has filed for insolvency. The company made the move Wednesday in Germany in response to a dramatic decline in revenue, an inability to pay for its massive layoff plan and the worldwide economic crisis. The North American operations, which make convertible tops for Detroit car companies and Volkswagen, are not affected, a spokesman said.

Stage 3 Mustang rejoins Roush lineup

After taking a one-year break, the Stage 3 Mustang is back in the Roush Performance Products lineup for the 2012 model year. For fans of Roush Mustangs, the Stage 3 package sits at the head of the class. Roush bolts a supercharger onto Ford's 5.0-liter V8 and dials up 12 psi of boost.

BMW gets new North America boss

Veteran BMW executive Ludwig Willisch, who has led sales operations in Europe and Japan, will take over as CEO of BMW of North America on Oct. 1. The 54-year-old German will replace Jim O'Donnell, 61, who is retiring.