Suzuki Wagon R 2012 Audio [3961050] on 2040-parts.com

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.

CPP sold – Spyker moves back to Holland

Spyker moving back to Holland The fallout from Vladimir Anotonov’s problems has seen Brendan O’Toole losing CPP, and Spyker is now moving back to Holland. We knew that the arrest of Vladimir Antonov over banking ‘irregularities’ would cause problems for CPP Manufacturing and CPP Global Holdings. And it has.

Chris Evans’ CarFest North. Just as big as CarFest South

Chris Evans’ second petrolhead extravaganza – CarFest North at Cholmondeley Castle – has been as big a success as CarFest South. It may be a new petrolhead show on the calendar, but Chris Evans’ CarFest Shows have been a real success, not just for visitors but for the BBC’s Children in Need charity. This last weekend saw CarFest North try and follow in the footsteps of last month’s CarFest South, which it appears to have done in style, pushing the amount raised for Children in Need up to £800k from both CarFest events.