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.

New Jeep Grand Cherokee (2011): Details, photos & video

The 2011 Jeep Grand Cherokee I don’t know why, but I always thought the Grand Cherokee an appealing SUV. It was soft and soggy in typical Yank-Tank way, and its interior trim owed more to the art of plastic than trees, but it had an appeal. More so in V8 mode than the Euro-Special diesel, although the current 3.0 litre is a lot better than the 2.7 litre it replaced.

Pagani Huayra Roadster planned

Pagani reveals there will be a Huayra Roadster by 2014 We had so many stories on the Pagani Huayra through January and February we began to wonder if there were any angles left to cover. From the first teases on the Huayra from Pagani to our world-exclusive reveal of the first official photo of the Huayra, we covered every base there was to cover before the launch. But Huayra stories have disappeared from the headlines as we wait for Pagani to actually make a car or two for customers and some real-world shots.