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Help fund Driving Dreams – a documentary film dedicated to the masters of Italian car design

Italian car designs of the 1950s, 60s and 70s are a fascination and inspiration to many – an era where some of the most skilled designers, craftsmen and engineers collaborated to reach what many believe a zenith. But while we may know everything there is about the cars of this period, the men who created them remain enigmatic largely due to their collective modesty. Daniel Tomičić and Gianluca Migliarotti are hoping to change this however, by creating a documentary film that tracks down the key players from the time.

GM posts $7.6 billion profit for 2011

General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.

Australia's Holden to cease production after 2017, GM says

General Motors, in the latest blow to Australia's auto industry, will end vehicle and engine manufacturing and scale back engineering operations in the country by the end of 2017. The company's Holden unit, a mainstay in Australia for decades, cited the high cost of manufacturing in one of the world's smallest but most competitive markets and one that has also been upended by a steady rise in imports, mostly from southeast Asia. There has been widespread speculation of the move in recent days and earlier Tuesday, in Australia, GM officials said no decision had been made.