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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.

College Exhibition: Creapole MA Degree Show 2011

Creapole Design School – 'Ecole de Creation Management' as it refers to itself – has just held its annual Masters Week exhibition at its central Parisian premises. The focus of this year's show is 'intelligent technology', proposing alternative propulsion systems for the transport of tomorrow, from the urban to the aquatic, from the functional to the fictional. The challenge for these young designers is to take these new technologies and apply them in an attractive, meaningful and human way.

BMW makes 1,000 workers permanent

AROUND 1,000 agency workers at car giant BMW are to be made permanent employees, guaranteeing job security for years. The change, being made in two phases, was warmly welcomed by the Unite union, describing it as a great Christmas present. The announcement covers workers across a number of BMW sites including the Mini plant in Oxford, pressings plant in Swindon and Hams Hall engine site near Birmingham.