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GM, Ford and Chrysler sales advance on crossover, small-car demand

General Motors, Ford and Chrysler posted higher July sales, helped by demand for crossovers as well as small, fuel-efficient vehicles. GM said today its sales rose 8 percent last month from a year ago, with passenger car demand rising 8 percent and crossover sales increasing 20 percent. At Ford, sales rose 6 percent, with car demand advancing 3 percent and light truck sales up 12 percent.

New Peugeot 208 (2012) to be revealed next week

The new Peugeot 208 (2012) set to be revealed next week The Peugeot 207 has been around for a long time, and has never quite hit the highs in sales Peugeot hoped. But the replacement for the 207 – the new Peugeot 208 – is just round the corner, and Peugeot has high hopes the new 208 will be a big hit. We’re expecting the Peugeot 208 to make its production ready public debut at the Geneva Motor Show in the Spring of 2012, but La Tribune are reporting this morning that Peugeot are planning to reveal the 208 on 2nd November.

GM profits surge to $3.2 billion in first quarter

General 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.