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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.

Porsche Panamera Turbo S – 0-62mph in 3.8 seconds

Porsche has revealed the full details of its new Panamera Turbo S, and it’s a monster. Set to debut at the 2013 Tokyo Motor Show in November, the Panamera Turbo S is no less than 50hp more powerful than the regular Panamera Turbo, and now sprints 0-62mph in less time than an Audi RS6. Or indeed the last generation Porsche 911 GT3.

Aston Martin Rapide – the Video

Aston Martin Rapide on the move in the video below. There’s lots of talk about how the Rapide handles like a DB9 despite being substantially bigger. And that it only weighs in at around 100kg more than the DB9.