This is The Morning Shift, our one-stop daily roundup of all the auto news that's actually important — all in one place at 9:00 AM. Or, you could spend all day waiting for other sites to parse it out to you one story at a time. Isn't your time more important?
As you can see, our website is slightly different this morning! But what hasn't changed is our commitment to bringing you all the best automotive news as you sip your coffee and eat your Fruit Loops. Let's jam.
1st Gear: Warren Buffett Raises His Stake In GM
Some good news for General Motors this morning as it was revealed that billionaire investor Warren Buffett has raised his stake in the company 60 percent to 40 million shares, according to the Detroit News.
Buffett's Berkshire Hathaway initially purchased just 10 million shares in 2012 when they were trading at a low $20 a share, but things are much better for GM these days. The News reports they were trading at $35 a share yesterday, and Buffett's stake is now worth $1.4 billion.
GM CEO Dan Akerson was rightfully pleased.
Last year, GM chairman and CEO Dan Akerson described Warren Buffett as a "wise investor" with a "track record to prove it."
"It's a great vote of confidence in what we've done and what we hope to accomplish," Akerson told The Detroit News of Buffett's investment into GM.
2nd Gear: The Fiat 500 GQ Is Sophisticated And Masculine
Earlier this week we met the Fiat 500 Cattiva, and angry yet stylish appearance package for the little Cinquecento. Today, we meet the Fiat 500 GQ, which is equally stylish but goes in a different direction.