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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's new '911': the Cayenne fire engine

By Nick Eaton First Official Pictures 10 September 2008 10:13 Another day, another Porsche variant. Stuttgart's fire department has taken delivery of two red-hot Cayennes with a difference: they're emergency vehicles which have been specially tweaked by Porsche's Training Centre for the city's firemen. The Stuttgart fire service claims that the hilly topography of the city meant it needed all-terrain emergency vehicles, and the project was given to local firm Porsche because the Cayenne served up the firemen's needs for something that can go anywhere fast. Nothing at all with them wanting to arrive in style or make neeh-naah noises in a Porsche.

Lamborghini Veneno Roadster makes its first appearance

The first photo of the Lambnorghini Veneno Roadster Back in July we exclusively revealed plans for a Lamborghini Veneno Roadster, and it looks like it’s almost here after the first photos leaked on to the Interwebs. The Veneno Roadster – the roofless version of the Veneno which debuted at Geneva in March – is the next instalment in Lamborghini’s on-going mission to sell titivated versions of its regular cars at very silly money. Under the titivated and extreme exterior of theVeneno Roadster lies a Lamborghini Aventador, but the price for turning an Aventador Roadster in to a Veneo Roadster is mad – the Veneno Roadster looks set to cost €3.3 million plus tax – enough for ten Aventadors.