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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.

New Hyundai i20 Blue – just 98g/km CO2

Hyundai i20 Blue - just 98g/km CO2 With a keen eye for where the market moves, Hyundai has done much right of late and very little wrong. And another example of something right is the new Hyundai i20 Blue, a perfect example of economical transport for beleaguered London car owners. The i20 Blue is Hyundai’s second offering in the sub 100g/km market – the i10 Blue got here first - but it’s unlikely to be the last, unless politicians decide to find something more sensible to tax than CO2 emissions.

Jaguar XJ Supersport Taxi: Nürburgring Nordschleife’s quick posh cab

Jaguar XJ Supersport Nurbrurgring Taxi Jaguar has launched a ‘Taxi’ service at the Nürburgring Nordschleife with an XJ Supersport fitted with Sport & Speed Packs. When most of us think of a Nurburgring Taxi we think of Sabine Schmitz frightening the life out of Munich businessmen with a swift lap of the ‘Ring in an M5. Sadly, Sabine doesn’t play Taxi driver any more and BMW use M3s.