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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.

Nissan Juke-R – first picture

Nissan Juke-R - the first official picture from Nissan With all things in the car world seemingly focused on fluffy bunnies and green halos, it’s great to see Nissan pushing the envelope at the other end with the Nissan Juke-R, a bonkers version  of Nissan’s compact SUV with the heart of Godzilla – the Nissan GT-R. We first reported the Juke-R – which we dubbed ‘Super Juke’ - at the end of last month when we didn’t know whether the Juke-R would be a one-off or a production model. But within weeks Nissan had come out and confessed our Juke-R story was real and that they really were working on a monster Juke with the heart of a Nissan GT-R.

Audi to bring more diesels to U.S. market

Encouraged by healthy U.S. demand for diesel-powered versions of the A3 hatchback and Q7 crossover, Audi will add diesel powerplants to the A8 and A6 sedans and the Q5 crossover within the next 24 to 30 months, Audi of America Inc. president Johan de Nysschen said Tuesday.