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GM posts $7.6 billion profit for 2011

General 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.

Lexus LS (EU version)

The fifth-generation Lexus LS is the latest full-size luxury sedan to wear the badge since Toyota's premium brand was introduced in 1989. It continues the model's gentle evolution, this latest version reflecting the brand's L-finesse design language.  This is best seen in its inverted trapezoidal 'spindle' grille and L-shaped DRLs. The EU model measures in at 5,090mm long – 30mm longer than the outgoing model – while the wheelbase remains 2,970mm in length. The front and rear overhangs have increased by 10 and 20mm respectively.

Nissan GT-R 4 Door Saloon

But Nissan admits that the GT-R is a loss-maker, which is hardly a surprise. So what can they do to capitalise on the kudos surrounding the GT-R? The route seems to be more models based on the GT-R’s platform, including a saloon and even an SUV.