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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.

Button Confirmed For Festival Of Speed

IT’S BEEN announced that 2009 Formula 1 World Champion Jenson Button will return to the Goodwood Festival of Speed on June 26-29, where he is expected to provide one of the event’s star attractions. Button is no stranger to the Festival of Speed and has attended 14 times previously, driving machinery as diverse as a 1970 Can-Am McLaren M8D, a P1 supercar and Alain Prost’s 1986 title-winning grand prix car. This year, McLarens attending the event include M23, MP4/2 and MP4-26 Formula 1 machines.

Nissan releases Pathfinder Concept interior details [w/video]

Nissan has released a preview video and photos of its new Pathfinder concept's interior. The car was initially shown at NAIAS last month without a cabin. The Japanese carmaker says it has focused on enhancing the comfort and advanced technology features of the interior for this, the fourth-generation of its Pathfinder SUV.