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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.

Mercedes E 300 BlueTEC HYBRID – Africa to Goodwood on a single tank of fuel

The Mercedes E300 Hybrid – Africa to Goodwood on a tank of fuel It might cost more to buy a hybrid car than a regular ICE car, but if you do a lot of miles the fuel savings can be impressive and, with many modern cars, you can choose to use the extra electric motor for more performance when parsimony isn’t at the top of your agenda. A good example of a car that offers plenty of luxuries, decent performance and the ability to eke out a gallon of fuel further than you’d ever have thought possible is the latest Mercedes E 300 BlueTEC HYBRID. With a 201 bhp diesel engine and a 27 bhp electric motor, the Mercedes hybrid can get to 62 mph in 7.5 seconds, reach 155 mph and offers leather trim, COMAND, Climate and all the little luxuries that make time behind the wheel more bearable.

2014 Bentley Continental GT3-R revealed

The Bentley Continental GT3-R proves that a year is a long time in motorsport. Just 12 months after Bentley unleashed the awesome and, quite frankly, terrifying Continental GT3 racing car at the 2013 Goodwood Festival of Speed, we’re being treated to a road-going version. With 580hp and a bold makeover it's certainly not for the faint-hearted.