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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.

Nissan Micra (2010) first design sketches

By Ben Pulman First Official Pictures 01 October 2009 15:38 This is our first glimpse of the new Nissan Micra, revealed today in two design sketches released by the Japanese car company. Designed to be sold around the world, the new Micra will retain the current car's front-engined, front-wheel drive layout, while three- and five-door bodystyles are expected to be offered. No.

Audi readies flagship Sport Quattro concept for Frankfurt

Audi will unveil its new Sport Quattro concept at next month's Frankfurt motor show, previewed in a number of sketches. We first saw the Quattro concept back in 2010 at the Paris motor show and three years later the carmaker has produced another iteration, a 2+2 coupé, that measures in at 4,699mm – 419mm longer than the Quattro concept (4,280mm). From what the sketches show, the Sport Quattro retains the chunky C-pillar of the 2010 Quattro concept, the 1984 Sport Quattro and the original Ur-Quattro models, while the four headlamp units are another nod to the original.