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GM posts $7.6 billion profit for 2011

General 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.

Hyundai ix20 and facelifted i10 (2010) first photos

By Tim Pollard First Official Pictures 14 September 2010 14:48 After the design sketches, now it's the real McCoy: the new Hyundai ix20 mini-MPV.No surprises for guessing it's the Hyundai equivalent of the Kia Venga. Engineered and designed in Europe, the ix20 is the second car – after the bigger ix35 crossover – to adopt the family's new 'fluidic sculpture' design look.The ix20 will be on UK sale from November 2010. No word yet on the powertrains on offer, but we'd expect similar 1.1 and 1.4 petrols and 1.4 diesel as the similarly engineered Venga.Anything else at Paris 2010?

2011 Volkswagen Jetta revealed

Volkswagen has long marketed German engineering and decidedly European technology--think turbodiesels--in cars. But for 2011, the Jetta sedan goes in a different direction--a more American one. As the linchpin of VW's ambitious plans for growth in the U.S.