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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.

Skoda Yeti Urban special edition (2012) first pictures

Skoda is launching a special Urban edition of the Yeti baby crossover packing £2450 of extra equipment at no cost over the equivalent SE spec. The new Yeti Urban is based on the two-wheel drive model with a choice of the 104bhp 1.2 TSI or the 2.0-litre TDI diesel with 109bhp. Skoda Yeti Urban Edition: the lowdown This UK special edition is limited to 750 models and hits UK showrooms in April 2012.

Toyota Verso D-Cat 150 Auto introduced

Toyota has introduced the Toyota Verso D-Cat 150 Auto And unfortunately, that is what the MPV Verso is – even the new Toyota Verso. Well-built and reliable, and little more. But there are lots of drivers who don’t buy a car for the ‘Drive’ but for the ‘Transport.