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First teaser video for new Chevrolet Corvette posted
Tue, 23 Oct 2012Glimpses--of a clay model, wheels, body panels--is what we get for the first teaser video of the redesigned 2014 Chevrolet Corvette. The minute-long video also sprinkles in some driving footage, from the driver's point of view, of the "Lutzring" test track at General Motors' Michigan proving grounds. It's all part of the promotion effort for the new Corvette that leads to the scheduled unveiling of the car on Jan.
GM profits surge to $3.2 billion in first quarter
Thu, 05 May 2011General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.
Daihatsu's funky Cube rival on the way
Fri, 29 Sep 2006By Ben Whitworth Motor Industry 29 September 2006 08:01 Daihatsu is on the verge of giving its boxy Materia supermini – which made its European debut in Paris - the green light for UK imports. If given the green light the spacious five-seater, which is already on sale in Japan, would arrive here next spring as a stand-alone topend model. The Materia is very similar to Nissan's does-it-exactly-what-it-says-on-the-tin Cube, which has been super popular with Japanese kids.