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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.

Fiat Photo Bombs VW on Google Street View

Fiat Photo Bombs VW Fiat has managed to park a Fiat 500 right outside VW’s Swedish HQ just as Google Street View cameras pass by. Regular readers may remember Top Gear’s Stig turning up on Google Street View a few years ago as the PR team at the BBC managed to park his Stigness in front of various landmarks just as Google’s Street View cameras passed by. That little trick seems to have inspired Fiat in Sweden (although Fiat aren’t publicly admitting it) to do something similar and, to be honest, much more amusing.

BMW Concept CS (2007) first official pictures

By Jack Carfrae First Official Pictures 19 April 2007 07:42 BMW Concept CS - a landmark BMW concept This is the very latest offering from Munich's design studios - and it points to a bold new design future post-flame surfacing. The landmark Concept CS show car is a luxury four-door GT primed to kickstart a new look for future BMWs. The unveiling of the Concept CS marks a revolutionary shift for the marque.