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GM exec sees room for Subaru BRZ/Scion FR-S fighter
Mon, 06 May 2013Chevrolet unveiled two stylish concepts at the 2012 Detroit auto show. One, the Tru 140S, was a bit of a poser -- its exotic looks belied its hypothetical low price point and its front-wheel-drive underpinnings. The boxy red Code 130R, on the other hand, had the potential to be dynamite.
Seat names its new Exeo flagship
Mon, 23 Jun 2008By Ben Whitworth Motor Industry 23 June 2008 14:34 Seat's new Mondeo rival – due for a 2009 debut – will be called Exeo. Pronounced ‘ex-ay-oh’ (derived from the Latin exire, meaning ‘to go beyond’ and breaking away from Seat’s city-based nomenclature) the new saloon and estate will rely heavily on the underpinnings of the previous generation Audi A4. It will be the first time that the Spanish carmaker will have a model for Leon and Altea drivers looking for something larger and more aspirational.
GM posts quarterly net income of $1.96 billion
Wed, 10 Nov 2010General 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.