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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.

It seems the Range Rover Evoque Convertible is going in to production after all

It seems the Range Rover Evoque Convertible (pictured) is actually going in to production We weren’t very complimentary about the Range Rover Evoque Convertible when it was revealed in concept form at the Geneva Motor Show last year. And we were relieved when we heard just a few months ago that Land Rover weren’t going to push ahead with production of the Evoque Convertible after all. But it seems that report was incorrect, as What Car are reporting that Land Rover has actually approved the Evoque Convertible for production.

Volkswagen creates R division for sporty cars

Volkswagen is officially creating a company to develop sporty cars; it will be called Volkswagen R GmbH. This may sound familiar--VW already calls some of its specialty cars Rs--and now it's bundling sales and development all into one unit. VW has the Scirocco R and the Golf R for cars, as well as the dynamic R Line of design trims.