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Fiat to offer two spinoff models based on the 500L for 2014

Fiat unveiled two new versions of its popular 500L in its home market a couple months ago, the 500L Living and 500L Trekking editions, both designed for different audiences. While the 500L Trekking will have adventure in mind, offering a taller ride height and protective bumpers, the 500L Living will be an ideal car for young families. For the 2014 model year, Fiat will be offering both of these in the U.S.

GM posts quarterly net income of $1.96 billion

General 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.

Will the Toyota Prius plug-in cost much the same as a normal Prius?

Toyota Prius plug-in - only around £2.5k more than a regular Prius? Toyota has managed to corner the market in hybrid cars over the last decade after its remarkably prescient decision to focus on ‘Eco’ cars long before the mainstream cottoned on to the changing mood of governments – and car buyers – to the impact cars have on wallets and the environment. We won’t drag out our usual objections to the ceaseless quest for pointless ever-lower CO2 emissions, but we will instead commend the Prius for being a remarkable transport appliance, one which – if driven in a certain manner – can produce remarkable feats of economy and emit pleasingly low levels of the stuff that does real harm – NOx and Particulates.