GM’s Q1 Net Income Down 14 Percent

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GM reported a net income of $865 million for Q1, a drop of 14 percent. Still, this is GM’s 13th consecutive quarterly profit since they came out of bankruptcy in 2009. CFO Dan Ammann blamed the drop on the heavy discounts for the existing full-size trucks as they prepare for the all-new 2014 trucks. GM [...]

Leaked! 2014 S-class

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While the 2014 S-class has yet to be seen by the public, with the exception of a spyshot or two, French diecast toy manufacturer Norev has put images of the 1:18 scale car online. See the images here, after the jump. Source: AutoEvolution.com