Brochure Ferrari Gto New Still In Factory Shrink on 2040-parts.com

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.

Tesla Model S burns in Seattle

A Tesla Model S crashed and burned on Tuesday morning in Seattle. The electric-vehicle manufacturer told Bloomberg that the Model S “collided with a large metallic object in the middle of the road, causing significant damage to the vehicle.” More specifically, the object struck the Tesla's battery. The report worried investors, and Tesla stock fell 6.2 percent on Wednesday.

Citroen C5: news and pics of 2011 facelift

It’s facelift time for the Citroen C5. The Gallic family car gets a cosmetic fillip, new safety toys and a range of engine revisions to keep it fresh in the face of new competition from the new VW Passat and pepped-up Ford Mondeo. The 153bhp turbocharged 1.6-litre petrol nets lower CO2 emissions, down 14g/km to 153, and economy is also improved, up to 42.2mpg from 39.8.