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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.

Mercedes-Benz Concept Style Coupe revealed ahead of China auto show

Mercedes-Benz is previewing its eagerly anticipated CLA sedan at an event in Los Angeles this week before providing a more detailed look at the Beijing motor show with the unveiling of the latest in a long line of concept cars, the 2.0-liter, 208-hp, four-cylinder-powered Concept Style Coupe. Pictured here officially for the first time, the heavily sculptured four-door reveals the dramatic appearance that the next junior Mercedes-Benz sedan will carry into North American showrooms in 2013. Advancing the look first established on the F800 Style concept wheeled out at the 2010 Geneva motor show, the Concept Style Coupe is clothed in a four-door body that makes extensive use of concave and convex surfaces to provide its exterior with what Mercedes-Benz design boss Gorden Wagener describes as “an almost fluid appearance and constantly altering depth.” The car has a large gaping grille known to insiders as a soft-nose treatment, striking headlamps with LED graphics, a heavily curved roofline, a shallow glasshouse, a high waistline, frameless doors and a trio of sharply creased lines along its flanks.

Hyundai HED-5

By Jonny Smith Motor Shows 07 March 2008 17:13 What’s new on Hyundai’s Geneva Motor Show stand? Reinventing the Trajet by all accounts. Everyone’s doing MPVs now so it’s time to spice up the long toothed Hyundai under the concept codename of HED-5.