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GM posts quarterly net income of $1.96 billion
Wed, 10 Nov 2010General Motors Co., in its final financial snapshot before next week's initial public offering of stock, posted third quarter net income of $1.96 billion on revenues of $34.06 billion. The results, released Wednesday, were in line with a forecast issued last week. GM now has earned $4.16 billion on revenues of $98.71 billion through three straight profitable quarters this year--a dramatic swing after five consecutive annual losses.
Tweet with AutoWeek editor Wes Raynal on Friday
Thu, 10 Feb 2011Ever wanted to ask AutoWeek editor Wes Raynal a question or give him a piece of your mind? Then circle Friday, Feb. 11, on your calendar and warm up your Twitter account.
McLaren reveals new London dealership
Fri, 06 Aug 2010So where’s the posh new London dealership for the new McLaren MP4-12C? Just a stone’s throw from the old Park Lane McLaren site, it's emerged. One Hyde Park is the new home for the company in the UK’s capital city, and McLaren predicts that the flagship London store will be the busiest of the planned global outlets for the MP4-12C supercar, thanks mainly to the prime Knightsbridge location.