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GM posts $2.5 billion profit, led by North America
Thu, 04 Aug 2011General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.
Audi Q3: Production starts in Spain
Tue, 07 Jun 2011Audi 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.
Mercedes-Benz CLS63 AMG wagon revealed ahead of Paris motor show debut
Mon, 09 Jul 2012Mercedes-Benz has followed the public debut of the standard CLS Shooting Brake wagon at the recent Goodwood Festival of Speed with the unveiling of a potent 518-hp AMG version. But like the CLS wagon, the CLS63 AMG wagon won't be coming to the United States. Set to reach European showrooms in October after a formal reveal at the Paris motor show, the CLS63 AMG Shooting Brake is powered by the same turbocharged 5.5-liter V8 gasoline engine as the CLS63 AMG sedan.