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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.

New Mercedes-Benz gullwing sports coupe spied

Carmakers have their plans for this year's Geneva motor show lined up. But here's something that we expect to see at Geneva in 2010: Mercedes-Benz's new high-performance coupe. Up to now, reports are that this gullwing Mercedes sports car would wear the SLC name.

Infiniti Etherea: Infiniti’s compact concept revealed in Geneva

Infiniti Etherea Concept Despite our gripes that Infiniti seem half-hearted about their entry in to Europe – certainly in terms of their reluctance to get the product under people’s noses –  we can’t argue they’re not developing their range to suit the European market. Good case in point is the introduction of diesel lumps across the range, although we find the new Infiniti M35h Hybrid potentially more appealing than the M30d (we’ve surprised ourselves there). And now we get a proper European-sized concept revealed in Geneva – the Infiniti Etherea Concept – which is a compact, pillarless, suicide door endowed 3-Series competitor with a 2.5 litre S/C lump connected to an electric motor and driven through a CVT ‘box.