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Jaguar C-X17 Concept bringing SUV preview and new platform to Frankfurt

The Jaguar C-X17 concept will preview one of the brand's upcoming pair of SUVs, as well as its new modular aluminum platform that will underpin its next generation of cars. The teaser picture accompanying the press release doesn't give a huge amount away in terms of aesthetics, but familiar Jag elements such as the fender haunches and F-Type-style rear lamps suggest this will be instantly recognizable as a Jaguar. Its emphasis will be more on road performance than off-road ability in order to ensure it drives as a Jaguar should and also to avoid stepping on the toes of sister company, Land Rover.

Whitacre says GM is making progress, could be profitable in 2010

General Motors Co. could be profitable later in 2010 if it can continue sales momentum and economic conditions even out, CEO Ed Whitacre said on Wednesday. “Certainly we're aimed at profitability as quickly as we can get there,” he said.

U.S. new car sales surge at fastest pace in nearly 7 years

U.S. sales of cars and light trucks surged 9 percent in November 1.24 million units and rolled off dealership lots at the fastest pace in almost seven years. The industry's annualized sales rate, adjusted for seasonal factors, rose to 16.4 million last month, up from 15.3 million a year earlier and easily topping analysts' forecasts in the 15.8 million range.