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Truck, SUV profits push GM 1Q profit 8 times above year ago

2015-04-23 15:36:17| Automakers - Topix.net

First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn't have to set aside a huge stack of money to pay for recalls. The Detroit automaker said it made $945 million, as consumers got used to lower gasoline prices and decided to buy bigger vehicles.

Tags: year times ago profit

Mercedes shrinks SUV with GLC coupe concept

2015-04-19 18:35:07| Auto Dealers - Topix.net

The near-production Mercedes GLC Coupe concept with a low sloping back end would be pitted against the curvy BMW AG X4 SUV that went on sale last year. SHANGHAI -- Mercedes-Benz, which is introducing four SUVs this year, is looking at bringing out an all-new compact coupe version as early as 2016 as buyers continue to favor the sporty models.

Tags: concept mercedes coupe suv