Mytischi, default, Russian Federation
General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.Mon, 08 Oct 2012 00:00:00 -0700
Ken Ma (Ma Zheng Kun) has joined Geely Automobile as Design Director. His role will be to assist the work of Geely Group Senior Vice Design President, Peter Horbury, in enhancing the Geely brand's design capacity. Ma was formerly Vice President of Design for Changan, a position he held for a year before resigning.Fri, 15 Apr 2011 00:00:00 -0700
The XV crossover os another new car from Subaru, this time set to debut at Shanghai auto show. As with the all-new Impreza, Subaru is being tight lipped on details of the car. However, from what little information is available, it appears that the XV is a small 'lifestyle' crossover, in the ilk of the Ford Kuga.