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London Motor Show News | British International Motor Show 2008 | CAR Magazine Online

By Tim Pollard Motor Shows 25 June 2008 09:00 No show, no blogs… yet! Come back to CAR Online after 22 July 2008 for the best insight from CAR’s award-winning editorial team. We’ll be prowling the show stands to dig out the stories that matter – and providing the context to make sense of the news and announcements at the Excel centre in London’s Docklands.

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.

We're Getting More MPG

The average car/truck/SUV sold by the top eight brands in America makes almost one mile per gallon more than it did a year ago, according to sales-weighted data from the industry analysts at TrueCar. TrueCar's TrueMPG industry average of 23.7 mpg remains the highest the car market has seen, 0.7-mpg higher than at this time last year. The biggest gainers by brand are Nissan and Chrysler, which improved their fleets by 1.1 mpg over last year's numbers.