Set Of Two New Valve Covers W Power Brake Relief For 1967-1974 Corvette on 2040-parts.com

Daimler takes 10 percent stake in EV maker Tesla

Daimler AG has acquired an equity stake of nearly 10 percent of California electric car maker Tesla Motors Inc., the German automaker said Tuesday. The two companies have been working together to integrate Tesla's lithium-ion battery packs and charging electronics into the first 1,000 units of Daimler's electric Smart car. Daimler said its stake in Tesla will allow the companies to collaborate even more closely on the development of battery systems, electric drive systems and in individual vehicle projects.

Pagani Zonda R (2010) official promo video

Pagani is working flat out to ready its new C9 supercar for production, but that doesn't mean the current Zonda is being put out to pasture just yet. A year ago Pagani revealed the Zonda R, a track-only version of its seminal supercar. And now it's built a few of them the Italian company has got them together on track for a little fun.

Americans plan to keep their cars longer, AutoPacific study finds

In another chilling sign that auto sales are likely to remain stalled, a new study finds that Americans intend to keep their cars longer, indicating a general concern about the industry and the overall economy. The number of new-car buyers planning to keep their rides more than four years has risen to 59 percent, according to a study released Tuesday by California marketing research firm AutoPacific. That's an increase from last year, when about 45 percent of new buyers intended to wait more than four years for their next purchase, and it's up from 2005's tally of 46 percent.