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GM preps for new engines, 8-speed transmission

General Motors is spending $332 million to upgrade powertrain plants in three states to build a new eight-speed automatic transmission, a new V6 and a new family of small-displacement gasoline engines. The plants are in Indiana, Michigan and Ohio. GM is also adding $46 million to an earlier $600 million program to upgrade powertrain plants in Saginaw and Romulus, Mich.

Creapole: creating the next generation of creative designers

As the automotive industry continues to look towards other design disciplines for inspiration and ideas, French design school Creapole is increasingly well positioned to cater for their needs. While relatively small, Creapole's range of courses – which as well as Transport Design includes Product Design, Fashion, Art Design, Visual Communication, Movie and Video Game Animation, and Interior Architecture – gives its students experience in a broad range of creative media. The foundations of Creapole's success lie in its hands-on approach not only to teaching, but also to the tools used by its students.

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.