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BMW i8 Concept Spyder

BMW has released images and information about its i8 Concept Spyder, which follows on from the i3 and i8 concepts. This open-top two-seater car features upwards-swiveling doors that pivot forwards around the A-pillars, a transparent glass panel at the rear and is based around the LifeDrive architecture, which fusing independent units together using a lightweight modular construction. A two-section roof is planned for less favorable conditions.

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.

Video: Pininfarina Sergio design process revealed

Pininfarina has released a short video about the conception and development of its Sergio concept. The video traces the concept's processes from original sketches up to the final model and highlights how it was inspired by Sergio Pininfarina's belief that to preserve its heritage it must make it part of its future. Car Design News was given the exclusive first sight of the Sergio, named in honor of the great man, ahead of its world debut earlier this week in Geneva.