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Dacia Lodgy

Renault's budget brand, Dacia, is set to further its position as Europe's fastest growing automotive manufacturer with the introduction of the Lodgy. The five- or seven-seat MPV will be introduced at the forthcoming Geneva motorshow and promises to offer the brand's trademark qualities of value for money and robustness. Externally, there are visual links between the Lodgy and the products of its parent company, with the car sharing a similar silhouette to the Grand Scenic.

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.

Morgan's eco car

By Ben Barry First Official Pictures 15 March 2007 05:05 Morgan Life Car: the lowdown Morgan, that most traditional of British brands, has announced it will launch a zero-emissions car called the Life Car at next year’s Geneva show. Based on the regular Aero chassis, the Life Car is part DTI-funded and involves partnerships with Oxford University and a company that developed fuel-cell technology for military applications – such as providing medical teams with power during conflicts. The Life Car is predicted to weigh 600kg, have a small fuel cell delivering 33bhp and, erm, no brakes.