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Long-time racing journalist Chris Economaki dies

UPDATE: Whoever you are, wherever you are, take a moment to think of Chris Economaki. Make it your personal tribute, however brief, to this grand old man of auto racing journalists because he left us late Thursday, Sept. 27 at age 91, and he left a hole in the motorsports firmament that can never be filled.

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.

BMW will build electric cars in Leipzig

BMW AG will produce its electric-car range at its plant in Leipzig, Germany, the automaker said on Monday. In addition, BMW factories in Wackersdorf and Landshut, Germany, will produce parts for the so-called Megacity Vehicle. “The BMW Group will build the car of the future in Leipzig with high-tech innovations from Bavaria,” BMW CEO Norbert Reithofer said in a statement.