Holley 650 Carburator Carb 4 Bbl Barrel Double Pumper on 2040-parts.com

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.

BMW 1-series hatchback (2011) first official pictures

BMW has peeled the last pieces of camouflage sheeting from their F20 1-series and announced details of the upcoming entry-level car. BMW 1-series: the evolutionary new look As revealed in CAR's spy images last month, the 1-series is a clear evolution of its predecessor, featuring smoother lines but a more aggressively-angled front-end. The new headlight design dominates the nose, providing the 1-series with a pronounced squint compared with its predecessor.  F20 has grown in most dimensions over the first 1-series: it is 85mm longer overall, and sits on a 30mm longer.

Elemental RP1 track-focused sports car revealed

The Elemental RP1 revealed ahead of Goodwood FoS At the beginning of the month we ran a tease from a new start-up car maker teasing their track-focused sports car – the Elemental RP1 – and now, ahead of its debut at the Goodwood Festival of Speed this week, Elemental have done the full reveal of the RP1. Due to be ready to sell by this time next year, Elemental bravely proclaim the RP1 as previewing a new generation of world class British sports cars, and the spec does at least offer more than a hollow promise, fingers crossed and lots of hype. Based on a lightweight carbon and aluminium tub wrapped in body panels to fully enclose the underpinnings, has double wishbone suspension with inboard Eibach springs and Nitron dampers, 4-pot Caparo calipers and 17″ alloys.