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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.
Audi R8 Spyder outed by Audi dealer
Fri, 31 Jul 2009The Audi R8 Spyder - outed by an Audi dealer And now an over-eager Audi dealer in the UK has stuck an advert on Pistonheads for the new Audi R8 Spyder and included a grainy (hence the image quality above) shot of the R8 Spyder, which could have been taken on a dealer reveal recently. Oops! Not sure that’s going to go down too well with Audi.
Nissan GT-R tweaked for 2009 with more power
Tue, 09 Dec 2008By Ben Pulman Motor Industry 09 December 2008 11:30 The Nissan GT-R still hasn’t gone on sale in Europe and it's already been treated to a few tweaks - new for 2009 will be more power, revised suspension, different wheels and tyres, plus a price hike. Quite, but the increase is a mere 5bhp, taking the output of Nissan's 3.8-litre twin-turbo V6 from 473 to 478bhp. Nissan says the extra grunt comes from the fine tweaking of the electronics, though torque remains unchanged at 432lb ft.
