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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.

Rear-end collisions increasing, says study

REAR-END shunts on the road are getting more common despite the advance of new anti-crash technology, according to new research by accident management firm Accident Exchange. Rear-end shunts – when one car drives into the back of another – have risen by 7% in the last three years as a proportion of all accidents. Each accident causes damage costing an average of £2,000 to repair.

European Car of the Year shortlist 2010

The shortlist of entries for the 2010 European Car of the Year award were announced today. No doubt bound to cause controversy with our readers, the cars which made it onto this year’s seven-strong shortlist are: • Citroën C3 Picasso• Mercedes-Benz E-class• Opel/Vauxhall Astra• Peugeot 3008• Skoda Yeti• Toyota iQ• Volkswagen Polo Chosen by automotive journalists from all over Europe, the competition will come to a close at the end of the year when an all-out winner is announced. Vauxhall took top honours in 2009's contest, with its Insignia stealing top spot from Ford’s new Fiesta by a single point.