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McLaren P1: Paris 2012

The McLaren P1 – spiritual successor to the iconic McLaren F1 – has been publicly revealed at the 2012 Paris Motor Show. Still, we do have more details on the P1 concept that McLaren say will turn in to a production car in 2013 before it finds its way in to the garages of wealthy McLaren customers in 2014. The McLaren P1 is designed to be “…the best driver’s car in the world on road and track” according to McLaren, which is setting the bar a bit higher than high, and the concept P1 at Paris is – at least in terms of what we can see – 95 per cent of what the production model will be.

Peugeot SR1 – the video

The Peugeot SR1 Concept. Video below. A couple of weeks ago we reported on a new concept car from Peugeot, destined to be shown at the Geneva Motor Show in March.

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.