Mini Coda I-pilot Riptide on 2040-parts.com

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.

Mini introduces two special editions

Mini has introduced two special-edition Coopers, the Mini Baker Street and the Mini Bayswater. The company says the models were made to spread London's signature style in the year the country hosts the Olympic Games. The Baker Street package is available only on the base Cooper, while the Bayswater package can be had with Cooper or Cooper S underpinnings.

VW Golf Sportsvan concept (2013) at Frankfurt motor show

This is the VW Golf Sportsvan, but don’t get too comfortable with that name, because the successor to the Golf Plus won’t use the Sportsvan badge when it goes on UK sale in mid-2014. Good thing too: what exactly is sporty about a minivan? Is the VW Golf Sportsvan essentially the new Golf Plus?