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Whitacre says GM is making progress, could be profitable in 2010

General Motors Co. could be profitable later in 2010 if it can continue sales momentum and economic conditions even out, CEO Ed Whitacre said on Wednesday. “Certainly we're aimed at profitability as quickly as we can get there,” he said.

Global Vehicle Architecture opens new fully-equipped 3D Design Studio in Beijing

Global Vehicle Architecture (GVA) – a specialist independent design company encompassing all forms of transportation design – has opened a fully-equipped design studio in Beijing to cater for the growing  demand for design support services. GVA is unique in that it is the first European automotive designer led facility of its kind in China offering complete in-house modeling capabilities. The 2,000 square-meter studio, situated only 10 minutes from the 798 Art district and in close proximity to Beijing's airport, boasts extensive facilities including an 18-meter plate area, and prototype car build capabilities.

Ferrari to show Enzo replacement to a select few by the end of the year

Ferrari will show the replacement for the Enzo supercar to a select group of current and potential customers at the end of 2012, Ferrari Chairman Luca Cordero di Montezemolo said. “We want to surprise people not just in terms of price but also with the car itself,” Montezemolo told Automotive News Europe on the sidelines of the Geneva motor show last week. Ferrari has not decided when the new limited-edition model will make its public debut.