Onan Solenoid Part No. 0307-2546 on 2040-parts.com

Toyota to unveil low-cost car next month

Toyota said it will unveil a concept of its new car for emerging markets at the New Delhi auto show on Jan. 5. The Japanese automaker plans to sell the low-cost compact car in markets such as India, Russia and Latin America.

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.

Rolls-Royce Phantom Coupe Aviator Edition Pebble debut

Rolls Royce has created a special edition of the Phantom Coupe – the Rolls-Royce Phantom Coupe Aviator Edition – to debut at Pebble Beach. Even car makers at the very top end produce limited edition models to garner extra sales, and Rolls Royce is no different. With the Pebble Beach petrolhead jolly about to kick-off in Monterey, Rolls Royce has revealed a limited edition Phantom Coupe – the  Rolls-Royce Phantom Coupe Aviator Edition – which will debut at Quail and celebrates Charles Rolls’ passion for aviation.