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Baby Rolls-Royce named as Ghost

By Ben Pulman Motor Industry 20 April 2009 09:00 Rolls-Royce has revealed that its new sub-Phantom saloon will be called Ghost. The announcement was made by Rolls CEO Tom Purves at a press conference held at the Shanghai motor show this morning, and he also teased at other future models that will bear the Ghost name. RR4 was just the codename for the ‘baby’ Rolls, as it was the fourth model in the new-generation of cars under BMW ownership (after the Phantom, Phantom DHC and Phantom Coupe).

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.

New car sales still rising – April 2014 is 26th monthly improvement

The Ford Fiesta (pictured) is still the best-selling UK car in April 2014 It’s almost become a monthly ritual to roll out yet another rise in new car sales in the UK as the Society of Motor Manufacturers and Traders (SMMT) reveals the latest figures. And April 2014 is no different. In fact, it’s no different to the last 26 months, as that’s how long monthly figures for year on year sales have continued to rise.