Vintage Nos Phillips 66 P-78-1 Cross Reference/fram Ch33apl Engine Oil Filter on 2040-parts.com

GM's Henderson says no decision yet on bankruptcy

General Motors CEO Fritz Henderson said today the company has not decided whether to file for bankruptcy protection, but that preparations continue in case such an action is necessary. "We have until June 1, and if we can't do it between now and June 1 then we do it in bankruptcy," Henderson said during a morning teleconference with journalists. Still in his first month at the helm after the March 30 departure of CEO Rick Wagoner, Henderson said he wasn't sure who would make the decision.

Power hike for Porsche Boxster

By Phil McNamara Motor Industry 19 October 2006 02:37 Porsche has upgraded its two Boxster models, by transplanting the Cayman coupe's punchier flat six engines. The base Cayman cabriolet – sorry, Boxster – now gets a smidgen more power and torque from its 2.7-litre unit, with outputs climbing to 245bhp and 201lb ft. The tweaks shave a tenth off the 0-62mph sprint, reducing it to 6.1sec, and improve fuel economy by 1mpg to 30.4.

1957 Ferrari sells for record $12.1 million at auction

A 1957 Ferrari 250 Testa Rossa once again blew away the competition, setting a world record for cars sold at auction when it fetched an eye-popping $12.1 million on Sunday at an event on the grounds of the Ferrari factory in Maranello, Italy. The Testa Rossa was one of just 22 produced from 1957 to 1958, and the Scaglietti design is marked by prominent pontoon fenders. The cars also were successful racers, winning 10 of the 19 international races they entered from 1958 to 1961.