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GM bets on new four-cylinder family in Europe; U.S. plans unclear

General Motors' European subsidiary, Opel, has revealed a turbocharged 1.6-liter four-cylinder direct-injection gasoline engine that will be offered from early 2013 across its lineup, starting with the soon-to-be-revealed Astra-based Cascada convertible. The aluminum block unit, the first in a new range of so-called SIDI (spark ignition direct injection) ECOTEC engines, forms the centerpiece of the company's downsizing strategy for displacement. The engine is claimed to have improved torque characteristics and a significant reduction in consumption compared with its predecessor.

Citroen's GQbyCITROËN concept car (2010)

By Tim Pollard First Official Pictures 05 March 2010 09:16 Car manufacturers are increasingly looking for brand extensions outside their usual collaborations, so Citroën's new concept car should come as no surprise. They've teamed up with style bible GQ magazine to create the GQbyCITROËN.Designed to be a gentleman's sports car, GQ editor Dylan Jones worked with DS3 designer Mark Lloyd to create the five-door coupé. The rear pair of doors are suicide-hinged and the concave rear screen is a typical Citroën design flourish.

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.