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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.

Realization of a Dream - Inside Project M

The appeal of social media is growing rapidly for the auto industry. Sites such as Twitter, YouTube and Facebook give brands the chance to communicate in a much more direct manner than mainstream advertising allows. In the best cases these new forms of media are helping brands, and the individuals who work for them, to build relationships and open dialogue with existing customers and potential future ones.

Audi Q3: Production starts in Spain

Audi Q3 - production has started in Spain The Audi Q3 is the latest niche-filler from Audi, another soft-roader to mop up the seemingly endless queue of buyers wanting something high-riding and rufty-tufty. And if that high-riding something that’s a little rufty-tufty just happens to have a decent badge attached and comes complete with plenty of grown-up toys, so much the better. Which is why Audi has high expectations of its new Q3, with the SEAT plant in Martorell, Spain gearing up to churn out as many as 100,000 Q3s a year.