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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.

2012 Mercedes A-Class: First Sketch

Mercedes A-Class - First Sketch This may well be the first sketch of the 2012 Mercedes A-Class, but with the 2012 A-Class likely to surface at the Shanghai Motor Show next month it seems highly likely we’re in for a run of ‘leaked’ information on the new baby Mercedes. This sketch of the 2012 A-Class is supposed to have ‘leaked’ from Mercedes, but we rather sense the antics of Mercedes PR. Which is exactly what you’d expect with a major launch at a major motor show looming.

Ford puts Sync Applink into more vehicles

Ford is expanding its Sync Applink technology, adding it to several 2012 models that will start arriving in dealerships late this summer. Sync Applink, which debuted on the 2012 Ford Mustang earlier this year, enables drivers to access their smartphone apps via Sync's voice controls. Applink will be included in the Sync package, which is an extra-cost option on many Ford vehicles.