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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.

Mercedes S63 AMG and S65 AMG – the Video

  Mercedes S63 AMG and S65 AMG - the Video [ad#ad-1] We brought you news a few weeks ago from the Shanghai Motor Show, where Mercedes revealed their super-S Class models – the S63 Amg and S65 Amg. Well, not a company to do things by halves, especially when we’re talking about the top of the range S Class, Mercedes has released a promo film for the S Class AMG models – running to more than 20 minutes. As we told you last time, the S63 AMG and S65 AMG get the same facelift treatments as the rest of the range.

MG Zero Concept at Beijing

The MG Zero Concept has been revealed at the Beijing Motor Show It’s good to see a new MG. True, it may not be everyone’s idea of where MG should be, but at least Morris Garages lives to die another day and stays alive as a marque, which is more than you can say for Riley or Hillman or Humber or Triumph or Rover or Austin or Morris or Alvis or… What this may be is the MG2 we snapped being loaded on to a trailer in China a few weeks ago, but there is so little detail from MG in the press release on the MG Zero concept they might just as well not have bothered. If we’re going to get treated to a new MG – concept or not – it would sort of help if we got some detail.