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GM posts quarterly net income of $1.96 billion
Wed, 10 Nov 2010General 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.
New Nissan Qashqai to be designed & built in the UK
Wed, 08 Jun 2011Nissan Qashqai - 1,000,000 already built in Sunderland The Nissan Qashqai created the crossover niche almost single-handedly, and has gone on to be Nissan’s best-selling model. Now in its facelifted iteration, the Qashqai has been a huge money-spinner for Nissan. Fortunately for UK PLC, the Nissan Qashqai is built in the UK – in Nissan’s Sunderland plant – where a million Qashqais have been built, with 80% going for export.
Mercedes B-class fuel-cell drivers tell all
Mon, 12 Aug 2013We met in a Los Angeles gas station, directly under the landing lights of LAX's south runway, our conversation interrupted regularly by the Prattt & Whitney thrust of 757s and Super 80s. We could easily be the main characters in an espionage thriller, handing off secret documents at great personal risk. But we're not.