Mercedes 2x Head Light Reflectors W108 W111 on 2040-parts.com

Two new Hyundai transmissions boost mpg

Hyundai will introduce dual-clutch and continuously variable transmissions to models for the United States as early as next year as it seeks to become a leader in fuel efficiency, a top executive says. This will be the first application of a dual-clutch transmission for Hyundai. The transmission--which uses two clutches to shift a manual gearbox as if it were an automatic--is more efficient than either a traditional manual or automatic gearbox.

GM posts quarterly net income of $1.96 billion

General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.

Chrysler bankruptcy filing said to be part of plan to seal Fiat deal

Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.