Moog K5295 Ball Joint on 2040-parts.com

Fritz Henderson removed as GM CEO

General Motors' board of directors ousted CEO Fritz Henderson after eight months, saying it wanted to chart a new course as the biggest U.S. automaker pushes ahead with its restructuring. Chairman Ed Whitacre, 68, will succeed Henderson on an interim basis while a search for a new president and CEO starts immediately, Whitacre said at a press conference on Tuesday.

Ford debuts another Australian hot rod

Ford's Australian-based Performance Vehicles operation has unveiled its fastest car to date—the Falcon-based FPV GT R-spec. To be assembled at Ford Performance Vehicle's headquarters on the outskirts of Melbourne, the rear-wheel drive GT R-spec packs the same engine as the earlier GT335, a supercharged 5.0-liter V8 producing 449 hp and 420 lb-ft of torque. But, a range of chassis modifications, including a retuned suspension, wider 19-inch rear wheels and tires and new launch control system are claimed to provide the greater off-the-line speed than any previous model from Ford's Australian outpost.

Future products: Hyundai's push will change the look of showrooms

Hyundai is introducing seven new or redesigned models in a 24-month stretch that ends in the fall of 2011. So naturally the Hyundai guys refer to their product onslaught as “24/7.” And the pace won't slow much after those seven models hit the streets. Significant new entries also are planned for 2012 and 2013, including Hyundai's first fuel cell electric vehicle, a redesigned Veracruz full-sized crossover and a replacement for the Azera full-sized sedan.