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GM posts quarterly net income of $1.96 billion
Wed, 10 Nov 2010General 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.
BMW are rolling out their ‘BMW Genius’ programme across UK dealers
Tue, 14 May 2013Even when you’re immersed in the latest car news day in and day out, it’s often quite tough to keep up with the new technologies car makers are offering, so many buyers must struggle to know exactly what their options are. That should be a job for the car salesman, but most car salesmen only worry about explaining how good the deal is and how it’s better than any other deal, so buyers often come away with a car that doesn’t fit their needs as well as it could. But with fewer new car buyers really wrapped up in performance and dynamics and more interested in the tech behind the wheels, BMW has been trying out an idea borrowed from Apple Stores by employing ’BMW Geniuses’ at 10 of their UK dealerships to explain the advantages of much of their technology to customers.
Mercedes now more affordable
Thu, 03 Oct 2013MERCEDES-BENZ has announced a host of offers to make its cars more affordable, including three years of free servicing with the A-class hatchback. Those choosing the A-Class can also take advantage of Mercedes Agility Personal Contract Hire scheme to run an A180 SE from £249 per month for three years, with a deposit of £2743. The C-Class is also offered through the same contract hire programme from £285 for a C180 Executive SE saloon.