1951 1952 Plymouth Hubcap 15” Ribbed Center Sailing Ship Logo Rat Rod on 2040-parts.com

GM profits surge to $3.2 billion in first quarter

General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.

Saab 9-5 (2010) revealed

Saab has released details of the new 201 Saab 9-5 that will debut at Frankfurt The new 9-5 is a very big deal for Saab. In the midst of a takeover by Koenigsegg, the new 9-5 needs to excite at least a section of the car buying public to give Saab the chance to rebuild. And it looks promising.

RM Auctions introduces Monaco sale during Grand Prix weekend

RM Auctions will inaugurate its Sporting Classics of Monaco auction with a sale of 105 prewar and postwar European motor cars. The event, scheduled for April 30-May 1, will coincide with the Historic Grand Prix of Monaco, now it its seventh year. Highlights include a 1938 Delahaye 135 MS Competition Cabriolet, a 1960 Maserati Tipo 61 "Birdcage" and a 1934 Rolls-Royce Phantom II Continental Cabriolet.