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BMW hires former General Motors EV expert Weber, sources say
Mon, 11 Apr 2011BMW AG has hired former Opel product chief Frank Weber, sources at both companies told Automotive News Europe. It's a move that gives the world's leading luxury carmaker a huge boost in electric vehicle expertise as Weber was the lead engineer for the Chevrolet Volt plug-in hybrid. BMW plans to launch its i3 full-electric car and its i8 plug-in hybrid in 2013.
Aston Martin DBRS9 (2008): first official pictures
Fri, 11 Jan 2008By Ben Pulman First Official Pictures 11 January 2008 12:52 Two famous names will unite for the 2008 Le Mans 24hrs. Aston Martin will return to Le Sarthe to defend its GT1 crown and this time the cars – numbered 007 and 009 – will be in Gulf Oil colours. The evocative orange and eggshell blue DBRS9s will compete 40 years after a Gulf-liveried car first won Le Mans.
GM profits surge to $3.2 billion in first quarter
Thu, 05 May 2011General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.