1983 Yamaha Excel 340 Lever Control Lot on 2040-parts.com

Former General Motors CEO nets multimillion-dollar retirement package

Former General Motors CEO Rick Wagoner will officially punch out on Aug. 1 with a compensation package worth almost $8.6 million over the first five years. The deal is significantly lower than what he could have received; it would have been $23 million at the end of last year, Reuters reports.

Techart at 2009 Frankfurt motor show

By Tom Sharpe First Official Pictures 18 September 2009 14:30 The aftermarket tuning community began its assault on the Porsche Panamera for the first time at the 2009 Frankfurt motor show, and leading the pack was Stuttgart-based outfit Techart. Using Porsche’s Panamera Turbo as its canvas, Techart used its stand to demonstrate how it’s gone all-out to make its mark on the luxury GT, introducing what it calls a 'discreet elegance' into the mix. Visually, there are few places where Techart hasn't had a go at making an impact of some kind.

McLaren Automotive First Anniversary: 1,000 McLaren MP4-12C sold and counting

McLaren Automotive is a year old and is celebrating selling over 1,000 McLaren MP4-12Cs in the first twelve months. It’s actually a bit more than  three years since Ron Dennis announced the formation of McLaren Automotive, which had a live launch on Cars UK on 18th March 2010. But McLaren don’t seem to acknowledge that date as the start of McLaren Automotive but instead prefer the date the first MP4-12C was sold – exactly one year ago today on June 21st 2011.