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Flat Rock Assembly turns out millionth Mustang

Ford's Flat Rock Assembly Plant has a four-decade history split between the Blue Oval and Mazda. As of last year, the facility was back under Ford's sole control. And now, into its ninth model year of Mustang production, Flat Rock's built its millionth example of America's longest-running pony car.

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.

Ebay-GM partnership generates interest but limited sales

General Motors Co.'s effort to sell new cars on eBay in California is generating interest but recording few sales on the Internet auction site. In the first nine days of the program, GM dealers listed 16,228 vehicles on eBay and completed 45 sales, according to data available on the Web site. But GM said the eBay exposure is prompting customers to visit dealerships to complete sales that aren't recorded on eBay.