Precision Automotive 710345 Engine Crankshaft Seal, Front on 2040-parts.com

GM, Chrysler sales fall more than 40 percent; Ford, Honda also slip

The biggest automakers posted some of the sharpest U.S. sales declines in September as demand dropped to its lowest level since April in the aftermath of the cash-for-clunkers program. The seasonally adjusted annual sales rate was 9.51 million units.

Indiana yanks Kruse auction licenses

Kruse Inc., the auction company that sold the famous William Harrah car collection and has been synonymous with auctioning enthusiast automobiles since the 1970s, has lost its licenses in its home state. The Indiana Auctioneer Commission ruled on Tuesday to revoke both of Kruse Inc.'s licenses, and the company has to wait seven years to apply for new ones, said Kelly Butters, a spokeswoman for the Indiana Attorney General's Office. Dean Kruse, president of the auction house, has had his personal license suspended indefinitely.

Walking on the Edge: Ford blings out 2011 Sport crossover with 22s, blacked-out grille

“Dude, that is sick,” a rival designer gushed to Ford's Doyle Letson when the 2011 Edge Sport was revealed at the Chicago auto show last winter. “What does it look like with the real wheels on?” Letson replied, “Those are the real wheels.” The rollers in question are 22-inch forged aluminum wheels with tuxedo-black spoke accents wrapped in Pirelli tires. They look like they're stolen from a SEMA concept, and they're perhaps the single most distinguishing feature on the Sport model, which launches with the rest of the redone Edge lineup later this summer.