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Abarth 500C & Abarth Punto Evo – Goodwood Debut & UK prices

The Abarth 500C & Abarth Punto Evo - UK Goodwood Debut You would be forgiven for thinking that the centre of the universe has moved to somewhere close to Chichester on the English South Coast. And for all things petrolhead – at least for this weekend – it has. Because anyone who loves cars is making the annual pilgrimage to the Goodwood Festival of Speed and every car maker worth their salt tries to do something new at Goodwood.

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.

Lamborghini Gallardo (2012) new Spyder and Super Trofeo racer

Lamborghini has pulled the wraps off a facelifted version of the Gallardo Spyder, just a couple of weeks after showing the restyled coupe at the 2012 Paris motor show. We've also been given our first look at the revamped Super Trofeo racer, which gets similar styling tweaks and an improved aero package. First up, the facelifted soft-top Lambo Or, to give the car its full moniker, the Lamborghini Gallardo LP560-4 Spyder.