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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.

Lamborghini Urus SUV concept (2012) leaks early

Lamborghini's SUV show car, the Urus 4x4 concept, has leaked early ahead of its planned debut at the 2012 Beijing auto show this weekend. These leaked photos of the Lamborghini Urus reveal a swooping, coupe-alike crossover - marrying the style of a Lamborghini Reventon or supercar with the stance of an SUV. Lamborghini Urus: the leaked images We'd been expecting a sleek crossover, especially since yesterday's media invitation revealed an outline sketch of the Urus.

New Nissan Micra loses ground in Europe over quality issues and no diesel option

Nissan Micra Sales fall in Europe Nissan trumpeted the new Micra as its ‘Global Compact Car’ in the run-up to its reveal at Geneva last year. And by ‘Global’ they meant ‘Produced in Emerging Markets’. Which is a big change from the last generation Micra which was produced in Sunderland, but a move that seemed to make sense in a world where small cars in emerging markets are a priority, and where cost of production is much lower.