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GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General 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.
Lotus Evora UK Prices revealed at Geneva
Thu, 05 Mar 2009Lotus Evora 2+2 - UK Car Prices announced at Geneva '09 The first four (ish) seater Lotus in a generation, the Evora is powered by a 3.5 litre V6, which manages to produce 276bhp and 252ft/lbs of torque. The Toyota sourced engine manages a 0-60 of around 5 seconds, and on to a top speed of 160mph. And the Evora does a pretty decent job with emissions and economy, especially considering its performance.
BMW 7-series hybrid due in 2009
Mon, 07 Jul 2008By Nick Gibbs Motor Industry 07 July 2008 14:30 BMW will launch a hybrid petrol version of the newly unveiled 7-series in 2009, but admits it’s more for green-leaning V8 addicts than seriously eco-aware bosses. Even with the latest lithium-ion batteries, the forthcoming 4.4-litre V8 petrol-electric version will struggle to match the astonishing 39.2mpg and 192g/km of CO2 of the new six-cylinder diesel, especially when BMW will launch stop-start technology for the whole range within two years. The hybrid is likely to cost several thousand more than the £65,000 it’s estimated you’ll need to buy the regular, twin-turbo 750i that goes on sale in November 2008.