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First details of new Volkswagen Golf revealed; GTi planned for Paris

Volkswagen has revealed the first details of its seventh-generation Golf--including a classy new interior--at a heavily cloaked press event ahead of the car's official unveiling in September in Berlin. The Golf, VW's perennial best seller, has raked in worldwide sales of more 29 million cars over 38 years of production. The new model, which is described as being up to 23 percent more economical than its predecessor, is planned to go on sale across Europe in November, replacing today's model, introduced in 2008.

Ferrari FF: Lust on a mountain top

Ferrari FF hitches a helicopter ride from the Italian Air Force Ferrari are taking no chances on the Ferrari FF disappearing from view in the mass of launches and endless four wheeled objects of desire doing the rounds with the Geneva Motor Show still in full swing, so we’re getting lots of snippets of newsy stuff cropping up. Today’s little snippet of newsworthy publicity for the Ferrari FF is a bit of video of the FF being airlifted to the top of a mountain by helicopter. Why, you may ask?

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.