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GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General 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.
Partnership Premium 2030 - The results
Mon, 06 Sep 2010Strate College in Paris, France, has released the final video of its Partnership Premium 2030 project created in collaboration with French automaker Peugeot. The culmination of a four month project, this most recent episode from Strate College covers the final designs and scenarios students presented to Peugeot's design staff at the firm's Design Center. The video features excerpts of interviews with the 10 student teams – each comprised of three students – on the French university's transport design course, who explain the rationale behind their chosen individual scenarios and the resulting concepts.
Audi previews future product plans
Tue, 20 Apr 2010Audi's U.S. boss stopped by One AutoWeek Tower on Tuesday afternoon and offered us an update on the brand's future products. Here's what's happening in the next few years, straight from Audi of America president Johan de Nysschen.