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GM to retool factory for new Impala

General Motors plans to idle the plant where it assembles the Chevrolet Volt plug-in hybrid for four weeks starting next month to retool for production of the all-new 2014 Impala and a small number of 2013 Malibus. GM will close its Detroit-Hamtramck plant from Sept. 17 until Oct.

GM posts $2.5 billion profit, led by North America

General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.

Arash AF10

Arash Motors is the latest in a succession of recently established low-volume manufacturers, and has unveiled their first car, the AF10, at the British Motor Show in London. Since the company's conception in March this year, the team has been working continuously on the AF10, with styling done in-house by Arash Farboud Designs. The company is based in Cambridge, UK, with testing of the bespoke chassis done at the nearby Millbrooke circuit.