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Troy, Michigan, United States
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GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General Motors on Thursday posted a $7.6 billion profit for 2011, while recording its smallest quarterly profit of the year in the fourth quarter. Net income for the October-through-December period fell 7 percent from the year-earlier period to $472 million, as a $562 million loss in Europe--the steepest of the year there--weighed on the automaker's bottom line. North American earnings nearly doubled.
Seat Leon Cup Racer and Ibiza Trophy racers set for 2013 Wörthersee show
Mon, 06 May 2013Seat will show off two new racing cars at the 2013 Wörthersee tuning show, the annual event celebrating hot hatches from the VW Group. The Leon Cup Racer is our first look at Seat’s plans for a touring car version of the new Leon, while the Ibiza Trophy is the latest version of the track-ready supermini, boasting more power than the road car, and the facelifted styling. Tell me about the Seat Leon Cup Racer Visually, it’s a Leon turned up to 11.
One lap of the web: Lego 'Rush' and spy shots of the Lexus GS F
Tue, 03 Sep 2013The latest Lego parody video is online, based on the new Formula One movie "Rush." It's the newest in the series of Lego spoofs, which range from Darth Vader to "Cars 2" to the London Olympics. Check it out here. The next Lexus GS F was caught without camouflage by Best Car magazine in Japan.