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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.

Clay modeler turns steel sculptor in new exhibition

A GM Holden clay modeler who has used his skills to transform scrap metal into over 400 works of art will display his creations at an new exhibition in Melbourne, Australia.   Jamie Schena, whose sculptures will be displayed in his ‘Mechanisation' show at custom bike shop Gasolina, sold his first artwork in 2001 after starting to sculpt models from bits of scrap metal lying around his father's workshop. After helping to rebuild engines and design farm machinery in his family's mechanical and engineering business, he moved to Melbourne to study Industrial Design at Monash University.

CDN-GM Interactive Design Contest 2012 finalists announced

The CDN-GM Interactive Design Competition judges have announced the winners of the competition's first phase ahead of the launch of the second phase. This year saw another batch of high-quality entries from all over North America and the judges were understandably hard-pressed to pick out just a handful in each of the four brand categories. The judges gathered at GM's Design Center at the automaker's headquarters in Warren, Michigan, where they whittled down the shortlist.