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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.

Audi: Electric Turbo, e-Gas & Intelligent Hybrids

Audi are developing new technologies to make cars more efficient including synthetic fuel, electric turbos and intelligent hybrids. Necessity is the mother of invention, and increasingly stringent CO2 emissions targets imposed by governments are making car makers ever more resourceful in their quest to cut emissions. The fact that CO2 emissions are not the bad guy – that’s NOx and particulate emissions – means the environmental benefits are not a panacea for a better climate, but benefits from new technology are nonetheless real.

Infiniti M37 – Prices, specs +video

The Infiniti M37 starts at £35,150 in the UK We’ve covered just about everything Infiniti has thrown out in the last year as they seek to establish a presence in the UK and Europe. They debuted the Infiniti M at Geneva in the Spring, and today we have price and spec details for the Infiniti M37, the first of three Infiniti M models hitting the UK and Europe in the next few months. Sadly, Infiniti has felt it necessary to make the M37 the biggest engine on offer, deciding that fuel thrifty Europe wouldn’t be interested in the big V8, 5.6 litre M56.