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GM profits surge to $3.2 billion in first quarter
Thu, 05 May 2011General 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 C-class (2013) gets new engine, updated trim
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Mazda's rotary spins to its 40th
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