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Toyota's quake-hit Yaris plant offline for at least another month

Toyota's quake-hammered Miyagi assembly plant, which makes the Yaris small car for export to the United States, is expected to be offline for at least another month. Workers have completed repairs at the factory and restored electricity, but the facility cannot get supplies of natural gas, a person familiar with the situation said. The assessment underscores the long road facing Toyota and other Japanese automakers in bringing plants back into full operation following the deadly quake, which killed more than 11,000 people, ruptured gas lines, shutdown electric grids and snarled logistics across half the country.

GM posts $2.5 billion profit, led by North America

General Motors on Thursday posted a profit of $2.5 billion for the second quarter, led by strong results in North America. GM's net income for the April-through-June period nearly doubled from $1.3 billion in the year-earlier quarter. It was GM's sixth consecutive quarterly profit since exiting bankruptcy in mid-2009.

2013 Porsche Carrera 4 set for reveal Paris motor show reveal

Porsche has lifted the veil on the fifth-generation 911 Carrera 4 all-wheel-drive sports car ahead of a September premiere at the Paris motor show. It is expected to reach North American showrooms in February as a 2013 model. The 911 Carrera 4 has a widened body with rear side panels extending 0.9 inches beyond the standard rear-wheel-drive 911, which allows for wider rear wheels and tires.