2006 Raptor Seat on 2040-parts.com

Ford scores tumble, Toyota rebounds in Initial Quality survey

Buyer satisfaction with new cars and trucks from Ford Motor Co., a strength that has helped it increase sales and market share in recent years, has tumbled, and Toyota has rebounded from its abnormally poor year-ago showing, according to a study released Thursday. In a J.D. Power and Associates survey that tracks problems reported during the first 90 days of ownership, the Ford and Lincoln brands plunged below the industry average of 107 problems reported per 100 models studied.

BMW unveils 2012 Olympic Pavilion

BMW – one of the major sponsors of the 2012 London Olympic and Paralympic Games – has unveiled its pavilion for the event. Designed by British architecture firm Serie, the Pavilion makes use of various carbon reducing and recycled elements in its construction to symbolize BMW's sustainability drive. The Pavilion's upper platform will feature a range of BMW products, including the new i3 and i8 electric models, whilst the lower part will house an interactive display that allows visitors to view just how BMW is supporting both the Olympic games and Team GB.

Tesla loses $38 million in third quarter

Tesla Motors, Inc. posted a net loss of $38 million on $431 million in revenue during the third quarter -- a steeper loss on slightly higher revenue than in the second quarter. In the third quarter of 2012, when Tesla was just starting production of the Model S, the automaker lost $111 million on $50 million in revenue.