Howards Cams Rev Kit 90131 on 2040-parts.com

BMX X1 invades U.S. this fall priced at $31,545

At the New York auto show last month, we learned that the BMW X1 compact SUV would be coming to the United States. Now we know that it will arrive on our shores in fall 2012, with a base price of $31,545 including $895 destination. According to BMW, the X1 has been a tremendous success, with more than 275,000 copies sold worldwide.

Crunch watch Jan 09: the auto industry in crisis

By Tim Pollard, Ben Pulman and Gareth Evans Motor Industry 30 January 2009 12:39 Friday 30 January 2009• Honda is about to close the Swindon factory for four months when Friday's shifts are finished; the shutdown will affect 2500 of the 3700 staff, who will receive full pay for two months and then 60% pay for the next eight weeks (BBC News)• Porsche has announced a sharp drop in sales and likely profits. It forecasts a 27% drop in 911, Boxster, Cayman and Cayenne sales to around 34,000 units in the six months to the end of January 2009 (Financial Times, subscription required)• Ford wants Washington to do more to stimulate car sales, after posting a record loss of nearly $14.6 billion earlier this week (Detroit News)• Honda's quarterly profit has crashed by 90% – forcing the Japanese car maker to halve its annual profit target (Detroit Free Press)Thursday 29 January 2009• Ford of Europe is a bright spot in the Blue Oval's quarterly results today, making $1.06 billion pre-tax profit in 2008 (up from $997m in 2007). It's the first profit of more than $1bn since 1989 (Automotive News Europe, subscription required)• Volvo suffered a 'disastrous 2008' with a pre-tax loss of $1.46bn.

Arizona auctions kick up the horsepower on day 3

As the weekend approaches for the Arizona auctions, the large-dollar rides begin to drive in. Hagerty has compiled the numbers of the top-selling rides and prices thus far. RM Auctions had a $7.6 million day on Thursday with 49 of 52 lots selling.