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GM profits surge to $3.2 billion in first quarter
Thu, 05 May 2011General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.
Peugeot 5008 (2009): the first official photos
Tue, 02 Jun 2009By Peter Adams First Official Pictures 02 June 2009 13:03 Take a look at these first photos of Peugeot’s new MPV. Do they remind you of the old Peugeot 505? Apparently they should, because Peugeot is reintroducing a new ‘5’ model, the 5008.
Jaguar Mark 2 by Ian Callum revealed (video)
Sat, 30 Aug 2014Ian Callum and his ‘new’ Jaguar Mark 2 More than a year ago we reported that Jaguar designer Ian Callum was working with Classic Motor Cars (CMC) to redesign and recreate the perfect Jaguar MK II. And now it’s finished. The finished car has been revealed at the official opening of CMC’s new HQ in Shropshire, and although the updates Callum has made to the Mark 2 may not be to everyone’s taste, they are impressive and the car does look glorious.
