F5tz-3524-a Steering Column Upper Shaft 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.

Ford celebrates 20 years of the Mondeo

FORD IS CELEBRATING the 20th Birthday of its hugely popular Mondeo model, first introduced in 1993 and with 4.5 million sales across Europe. Awarded the prestigious Car of the Year gong in 1994, the Mondeo was an instant hit and across the three generations has sold over 1,400,000 examples in the UK alone. Ford is celebrating the Mondeo’s second decade of success with a new internet video voiced by Hollywood actor Ray Winstone, star of such movies as “The Sweeney,” “Snow White and the Huntsman”, “The Departed” and “Great Expectations”.

ABT tunes Audi RS6 Avant to 730 hp for Geneva

German tuner ABT Sportsline is bringing its modified Audi RS6-R Avant to the Geneva motor show. The limited-edition, 730-hp station wagon will be produced in a run of just 25. “Mind you, the R stands for ‘racy,’ not for ‘rough’ or ‘rude,’” says CEO Hans-J