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Daimler boss on Mercedes' small car plans

Small cars were the big message from Daimler CEO Dieter Zetsche as CAR sat down with him at the 2011 Geneva motor show to discuss the future of Smart. Electric vehicles - the future of Smart? Smart will not become an electric car specialist, despite sticking to its small car roots, Daimler CEO Dieter Zetsche pledgedj.

McLaren P1 GTR (2015): 986bhp track-only P1 to be unveiled at Pebble Beach

By John Mahoney First Official Pictures 25 July 2014 14:03 McLaren has confirmed it will unveil a track-only version of the P1 supercar at Pebble Beach Concours d’Elegance on Friday 16 August2014. Called the P1 GTR, McLaren’s take on the ultimate track day weapon is not street legal and gets 83bhp more than the standard P1, boosting power to 986bhp. The teaser image, released ahead of Pebble Beach, hints at the huge changes engineers have made to the more powerful, tracksuited P1.

GM posts $7.6 billion profit for 2011

General 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.