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Ferrari 458 Italias ‘selling for £200k in UK’

The first examples of the new Ferrari 458 Italia supercar are trading for close to £200,000, price guide Glass’s Guide reports today. It claims wealthy enthusiasts are paying a £25,000 premium to jump the queue and get into one of the first 458s in Britain. The Italia lists at £169,545 in the UK, with first deliveries due for summer 2010.

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.

Toyota Etios – teased ahead of India launch +video

The Toyota Etiso debuts in Delhi this week Toyota has been doing little teases on a new cheap saloon for emerging markets, and we know the plan is to launch the Toyota Etios on the Indian public on Friday (6th January). We also know that the Etios is Toyota’s cheap, mass-market car with which they hope to take on the current market leaders Suzuki (oh, alright, strictly speaking it’s Maruti in India – but it’s the same thing) and it’s going to get the 1.4 diesel out of the Yaris and probably a 1.2 petrol as well. The Etios will appeal to the rising wealth of middle-class India.