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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.

The Toyota FT-1 sure does look like the Bertone Mantide

We really liked the Toyota FT-1, which caught us off guard in the best possible way when it emerged at the Detroit auto show. In fact, we liked Toyota's “spiritual pace car” enough to call it the most fun new thing on the floor -- and we're hoping the automaker's execs take notice. Reader Dennis Liu certainly noticed the car, which seemed rather familiar to him: He feels that, coincidentally or not, it looks a lot like the Bertone Mantide.

Artega’s new model future and interview

By Georg Kacher Motor Industry 08 September 2008 12:50 Artega has just launched the brilliant GT, but CAR Online has grilled the top brass to bring you the inside line on the next generation of sports cars from the fledgling German manufacturer. Artega is planning a second model, smaller engines and more besides. Click here for our first drive of the GT – a cut-price rival to the Porsche Cayman – but today we can spill the beans on the cars that will follow it.