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Detroit Electric moves production to Holland

Detroit Electric is going ahead with production of its Lotus-based sports car in the lovely Detroit suburb of…Holland. Unfortunately it's not the coastal city in the western part of Michigan, but the one in northern Europe. The facility will begin production in the fourth quarter of this year, according to the Detroit News.

Car Mechanic Simulator 2014

Just to prove it really does take all sorts, you can in fact actually buy a Car Mechanic Simulator computer game. Which is out now as the 2014 version, no less. Fixing a real car when it breaks down is tiresome enough for most of us – choosing to repair one virtually in our own spare time sounds like the stuff that minds are boggled with.

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.