Textron Aviation Cabin Air Temperature Sensor Bylf7469 on 2040-parts.com

Volvo V60 Polestar production now underway

The Volvo V60 Polestar is now rolling off Volvo’s production line Last month Volvo revealed that the V60 Polestar would be a limited edition run of just 750 cars for the world, but that 125 of those will be heading for the UK – the largest market allocation of any country – and will cost £49,775. And now, seven months after Volvo confirmed the V60 Polestar for production, the first cars are heading off the production line at Volvo’s plant in Torslanda and heading off to their new owners. Although not as powerful as we’d expected, the V60 Polestar still offers an appealing performance package, with 345 bhp and 369lb/ft of torque delivering 0-62mph in an impressive 6.0 seconds.

GM sees no potential buyers for Saab

General Motors has found no interested buyers for Saab, sources familiar with efforts to sell the Swedish brand say. GM put Saab under "strategic review" as part of the long-term viability plan submitted to Congress last month. In a subsequent interview with Automotive News, GM Vice Chairman Bob Lutz said strategic review is "code for we realize they're not working and something needs to be done." GM has not announced a decision to sell the brand, but has quietly shopped it around, the source said.

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.