Mitsubishi Motor Sport Team Racing Jacket #jkms05 on 2040-parts.com

General Motors' R&D chief Larry Burns, PR boss Steve Harris set to retire

General Motors, following through with plans to shake up management after exiting bankruptcy, said r&d chief Larry Burns and public relations boss Steve Harris will retire. Burns, 58, will be replaced by Alan Taub. Harris, who came out of retirement more than three years ago, will yield his job to Chris Preuss, 43, vice president in charge of General Motors Europe communications.

Lexus LF-A – revealed +video

The Lexus LF-A - a V10 Supercar - has been revealed in Tokyo Until Lexus announced it was bringing a Supercar to Tokyo, that is. After four years of waiting and endless spy shots of the LF-A pounding round the Nurburgring we finally see the official reveal of the Lexus LF-A. A glorious 4.8 litre V10 Supercar with 552bhp, 354lbs/ft of torque, a 9,000 rpm redline, a six-speed sequential ‘box, a 0-60mph time of 3.5 seconds and a top speed of over 200mph.

IDEA Institute acquired by Quantum Kapital

Turin-based automotive design, modeling and engineering firm IDEA (Institute of Development in Automotive Engineering) has been sold to Quantum Kapital AG, an investment company with an industrial emphasis based in St. Gall, Switzerland. The transaction is expected to be completed in the next few weeks.