General Motors have just announced that they have posted a $865 million profit for the first quarter of 2010. The $1.66-per-share profit was far better than a loss of $6 billion, or $9.78 per share, for the same period last year. It’s also a sign that GM may be able to back up CEO Ed [...]

It has been announced that the EPA has calculated the fuel economy for the 2011 Ford Fiesta and its 40 miles per gallon. The official numbers from the Feds are 29 mpg in the city and 40 mpg on the highway for Fiestas with the new six-speed dual-clutch Powershift gearbox. Those highway numbers top the [...]

The BMW M3 GTS specs have finally been announced: 444HP with a 0-to-62MPH time of 4.4 seconds. It’s very orange and rear seats are for wimps. Check out the Nurburgring testing clip below.

Gran Turismo 5 will have three different configurations of the Nurburgring. When Gran Turismo 5 does arrive, the ‘Ring returns and drivers will be able try their hands at the classic Nordschleife, 24 Hours of Nürburgring orientation, and the Grand Prix course. Even better, racers can rock it in a car that isn’t a Buick.

Ever wanted to own a Cadillac LMP900 racer? Well now you can! There are currently two cadillac LMP900 racers available to bid for on eBay. Both competed at Le Mans in 2002 using a modified 4.0L twin-turbo Northstar V8 and a 6-speed sequential box with a carbon fiber tub. Pretty awesome, we know. So when [...]

The Bugnotti is a new sexy hot rod concept which brings in the flowing lines of Delahaye 165 M but with the speed of the Bugatti 57. Cook, who owns the Deco Rides hot rod shop, started with one of his Boattail Speedster bodies that Chip Foose designed. The body got a set of pontoon [...]

Here is the latest Porsche 911 GT2 RS. The Porsche 911 GT2 RS has the great carbon-fiver hood with the sleek Porsche 911 style. It’s the most hardcore GT2 yet, expected to produce 620 hp via twin turbos and weigh nearly 200 lbs less than the standard GT2, with a run to 60 a matter [...]

Rolls-Royce are trying to appeal to the broader end of the market with their new entry level Rolls, The Ghost. The Ghost will retail for a mere $245,000. Rolls CEO Tom Purves tells Bloomberg the Ghost is “for customers who have never had a Rolls-Royce before,” which was enough to ruffle feathers in Mayfair. Now [...]

Top Gear has posted two snippets of video showing the Stig getting sideways through a turn at the wheel of a Ferrari 599 GTO. The Ferrari 599 GTP has 670 horsepower and is the fastest road going Ferrari ever.It goes from zero to 62 mph in 3.35 seconds. Top Gear magazine publishes its rundown on [...]

New Jersey revealed their plans to host a Formula 1 race, but now the city’s mayor has killed those plans, citing environmental issues. [GPUpdate]