Honda Oem 2012 Civic Front Bumper-lamp Bezel Right 71106tr7a01zl on 2040-parts.com

The future for Renault in F1 in 2011 and beyond

Renault today announces its new sporting division, Renault SportF1. Renault SportF1 will monopolise 25% of the grid by supply three teams engines and technology for 2011. Renault Sport F1 was formed after Renault decided to sell its minority stake in the Renault F1 team to Genii Capita who they will continue to provide technical and engineering expertise to.

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.

One Lap of the Web: Cool classic concepts, Rat Pack Cadillacs and even more Vin Diesel

We spend a lot of time on the Internet -- pretty much whenever we're not driving, writing about or working on cars. Since there's more out there than we'd ever be able to cover, here's our daily digest of car stuff on the Web you may not otherwise have heard about. -- Petrolicious brings us an awesome VWvortex forum thread packed with prototype photos, design proposals and concept sketches of everything from the Iso Grifo to the 1994 Mustang.