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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.

New Ford Mustang for Europe gets 500 orders in first 30 seconds

The new Ford Mustang (pictured) was much in demand. The new Ford Mustang effectively went on sale in Europe at the UEFA Champions League final at the weekend, and it was an overwhelming success for Ford. Not only did Ford get the first 500 registrations – enough for the entire initial European offering – in the first 30 seconds,  it ended up with a total of 9,300 registrations during the match, and Ford say the lucky 500 ‘winners’ – 130 of them in the UK – will be notified in the next few weeks if they’re getting a new Mustang.

Mercedes shows the future of crash protection

By Mark Nichol Motor Industry 09 June 2009 10:00 It might look familiar, but the Mercedes ESF 2009 concept is about as futuristic as they come. Ostensibly an S400 Hybrid, the car showcases the very latest Mercedes safety technology, some of which will be in mainstream models soon, and some of which is, frankly, pure fantasy mollycoddling. The concept will be officially unveiled next week, but CAR has already been to the company’s Stuttgart base for a sneak preview.