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Heuliez concept collection up for auction

A collection of coachbuilt specials and concept cars by French company Heuliez is to be sold at auction. The selection of 56 cars spans a huge spectrum from a Fiat 500 up to Le Mans racers but what really caught our eye were the oddball one-off conversions. Highlights include the Citroën BX Break De Chasse ‘Dyana', a three-door shooting break version of Gandini's classic, the 1972 Peugeot 204 Taxi H4 and the targa-roofed Citroën SM Espace.

Boca Raton concours to honor Milhous brothers

Well-heeled car fans will be able to get their hands on some highly coveted autos when the Milhous collection goes up for auction on Feb. 24, in a multiday sale that coincides with the Boca Raton Concours d'Elegance. Bob and Paul Milhous of the Milhous Museum will be honored with the Lee Iacocca Award at this year's concours, a distinction that goes to individuals who have perpetuated the American automotive tradition in their dedication to classic-car preservation.

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.