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Semi-autonomous driving system reduces accidents by 75% [w/video]

Scientists from MIT have developed a semi-autonomous driving system that is proven to reduce acccidents by 75 per cent. A front-mounted camera and laser range-finder identify the car's surroundings while making realtime updates to distances, mapping out the car's movement into 'safe zones'. The system also asseses the vehicle's limits, such as grip, and corrects the car.

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.

Autoweek in review: We drive the Ferrari F12 Berlinetta, Olympian Kim Rhode builds a Shelby and a missing Corvette is found

Autoweek gets behind the wheel of the new Ferrari F12 Berlinetta. The impression? Brilliant.