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GM posts $7.6 billion profit for 2011
Thu, 16 Feb 2012General 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.
Antique Automobile Club of America celebrates 75th anniversary
Mon, 10 May 2010The 15 founders of the Antique Automobile Club of America would be proud: The organization's membership has grown to nearly 60,000 since the club launched in 1935. And to celebrate its 75th anniversary, the AACA will hold a four-day celebration, June 30-July 3, in Louisville, Ky. A car show on the last day will be the spotlight event, and more than 600 vehicles spanning more than a century will be displayed.
Smart Fourjoy concept (2013) at Frankfurt motor show
Thu, 05 Sep 2013Nauseating name aside, the Smart Fourjoy concept isn’t just a spot of fun from Daimler’s city car arm: it’s actually a preview of the new Smart Forfour supermini, which will go on sale in 2014. This latest concept car follows on from the ForUs and Forstars concepts first show in 2012. Why doesn’t the Smart Fourjoy (cringe) have any doors?