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GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General 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.
GM posts $2.5 billion profit, led by North America
Thu, 04 Aug 2011General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.
2013 Toyota RAV4 leaks ahead of LA debut
Tue, 27 Nov 2012The 2013 Toyota RAV4 is due to be unveiled at the 2012 Los Angeles Motor Show tomorrow, but thanks to a leak of photos we already know how it looks. The photos show a new RAV4 that is less boxy and sleeker, taking some styling cues from the new Auris, and looks fit to take the battle to cars like the new Ford Kuga and new Subaru Forester. It may not quite look a “…new generation rewriting the rules in style” as Toyota told us, but it does look more contemporary.