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GM posts quarterly net income of $1.96 billion

Wed, 10 Nov 2010

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.

Chrysler to release 30th Anniversary Edition minivans

Tue, 03 Sep 2013

This year has seen quite a few important automotive milestones. Aston Martin celebrated its centennial, and the Porsche 911 turned 50, as did the Lotus Elan. Even Cunningham had a milestone to celebrate, with the marque founded by Briggs Cunningham turning 60.

Nissan LEAF aiming for reversing speed record at Goodwood Festival of Speed

Mon, 25 Jun 2012

Nissan are going to take the LEAF EV backwards up the Goodwood hillclimb this weekend, aiming for a new Guinness World Record. We’ve had a real spate of car ‘World Record’ stuff lately, with Mercedes catching a golf ball in an SLS driven by David Coulthard and MINI breaking a parking record. And now it’s Nissan’s turn.