Ford Oem Disc Brake Caliper Fr3z2b121d Image 6 on 2040-parts.com

Ford, GM work together on new nine-, 10-speed transmissions

Ford Motor Co. and General Motors are developing nine- and 10-speed transmissions jointly for use in cars, crossovers, pickups and SUVs. The rivals say partnering on the automatic front- and rear-wheel-drive gearboxes will get them to market faster and cheaper than each automaker could do on its own.

GM posts $6 billion loss, burns $10.2 billion in cash as sales fall

General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted a $6 billion net loss in the first quarter and burned through $10.2 billion in cash as global auto sales plunged. GM had $11.6 in cash reserves on March 31, down from $14.2 billion at the end of the fourth quarter.

New Mercedes-Benz SLK to offer Web link

The new Mercedes-Benz SLK, due out next spring, will be the automaker's first vehicle with on-board Internet access via its Command infotainment platform, AutoWeek sister publication Automobilwoche has learned from company sources. The updated Mercedes C class also is expected to offer Web-browsing capability when it arrives shortly after the SLK debuts. "We will then offer our own online services as well," a top executive told Automobilwoche.