1997-1999 Mitsubishi Eclipse Gst Turbo 2.0 / Cruise Control Computer / Oem on 2040-parts.com

GM builds 100-millionth small-block engine

General Motors will build its 100-millionth small-block engine on Tuesday, marking a milestone for the company. Engine No. 100 million is headed for GM's historic collection.

Nissan teams up with Williams for sporty Nismo cars from 2014

Nissan’s performance car skunkworks arm Nismo (short for Nissan Motorsports) has agreed a deal with Williams Advanced Engineering to co-develop faster versions of Nissan’s road cars from 2014. It doesn’t mean the Williams F1 team will be developing the forthcoming Nismo version of the GT-R, but the Formula One team and Williams Advanced Engineering are part of the same group founded by Sir Frank Williams. Sir Frank said: ‘Williams Advanced Engineering has a history of developing world class, high-performance products and this agreement is particularly exciting because of the ambition and potential of the Nismo brand.

Ford agrees to sell Aston Martin

Ford Motor Company announced this week it has entered into a definitive agreement to sell Aston Martin, its prestigious UK sports car business. The new owner of Aston Martin is a consortium comprised of: David Richards, founder and chairman of Prodrive, a world-leading motorsport and automotive technology company; John Sinders, an avid Aston Martin collector and a backer of Aston Martin Racing; and Investment Dar and Adeem Investment Co, international investment companies headquartered in Kuwait. The sale is expected to close during the second quarter and the transaction values Aston Martin at GBP 479 million ($925 million). As part of the transaction, Ford will retain a GBP 40 million ($77 million) investment in Aston Martin.