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GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General 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.
Volvo V60 Plug-in Diesel Hybrid: Geneva 2011 catch-up
Fri, 04 Mar 2011Volvo V60 Diesel Plug-in Hybrid Geneva We’re probably going to be playing catch-up for the next few days on stuff we didn’t manage to cover on the press days at Geneva. And this – the Volvo V60 Diesel Plug-in Hybrid – is one that should definitely have made it in to our coverage earlier. We’re not big fans of the hybrid route – especially in small cars – but when it’s used to produce a car that is more economical and more powerful, we start to get it.
Porsche Panamera Sport Turismo Concept
Wed, 26 Sep 2012This is the Porsche Panamera Sport Turismo Concept – a Porsche Panamara Shooting Brake Hybrid – headed for a Paris 2012 debut. There have been rumours for some time that Porsche was going to build a shooting brake version of the Panamera -we reported it would be at Paris 2012 back in July – and on the eve of the Paris Motor Show we get the proof – the first photos of the Porsche Panamera Sport Turismo Concept. The Panamera Sport looks like it’s got some sort of hybrid powertrain, although we have no details yet from Porsche.