Victor Reinz Engine Oil Pan Gasket/engine Oil Pan Gasket Set Os32252 on 2040-parts.com

Chrysler posts first net profit since bankruptcy

Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.

GM opens Advanced Design Studio in Seoul

General Motors has opened a new Advanced Design Studio in Seoul, Korea, the American automaker announced today (April 20). GM is set to leverage its position in the trendy Gangnam area of the Korean city, recently coined the 2010 World Design Capital. The Gangnam location puts the Seoul Advanced Design Studio in the heart of the nation's center of culture, the arts, fashion and industry.

BMW M3 coupe gets stripped down to go club racing

BMW's M division is back in the business of building specialty street-legal race cars with a new lightweight version of the M3 called the GTS. The lightweight coupe, set to go on sale in early 2010 at a yet-undisclosed price, was conceived as a limited-edition model primarily for club-based racing in much the same way that Porsche builds the 911 GT3 Clubsport. But in a clear effort to link its track-based activities with the production-car side of its business, BMW's M division is offering the new car with a homologation package that will allow customers to register the M3 GTS for street use.