GM’s Post Bankruptcy Results, New Mercedes-Benz Mbrace: Today’s Car News

November 16, 2009

The results are in and by the looks of things GM is doing alright since emerging from bankruptcy back in July. The revitalized company may have posted a net loss of $1.2 billion for the third quarter of 2009 but revenues are up more than $4.9 billion on the preceding quarter. [Motor Authority]

From today onwards Mercedes-Benz customers will be able to enjoy a new level of service in their cars. Together with Hughes Telematics, Mercedes-Benz the new system offers everything from a vehicle locator for crowded car parks, somebody to direct you if you get lost and even full connectivity with smart phones--all whilst sitting in the driver’s seat. [Wired]

Toyota is reportedly planning a bigger version of the Prius that could be a station wagon or even a SUV. It’s expected to hit the market towards the end of next year but Toyota is yet to confirm its existence. [Drive]

Ford’s new EcoBoost engine technology is heralded by the company as the key to finding a balance between power and economy, and soon it may be appearing in high-performance models like the Shelby-enhanced Mustang. A twin-turbocharged and direct-injected V-8? We can’t wait. [egmCarTech]

Mercedes-Benz and McLaren will soon be parting ways, with the German luxury automaker reportedly buying a 75% stake of Brawn GP. Its remaining 40% stake will be sold back to the McLaren Group over the next two years. [Autocar]

The 2011 Chevrolet Volt isn’t due to hit the streets until the end of next year but one entrepreneurial dealer in Columbus, Ohio is selling deposits for the upcoming plug-in hybrid on eBay. [eBay]

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