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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.

Chrysler, Mopar hope Ram Runner kit can challenge Ford SVT Raptor

In an effort to compete with the Ford SVT Raptor off-road pickup, Chrysler and parts group Mopar have released the Ram Runner kit. The Mopar Ram Runner kit, available for owners of 2009-2011 Dodge Ram 1500 models, can be installed at home or by the dealer for a total parts cost of just less than $20,000. The Ram Runner upgraders on a budget can add kit elements individually as well.

Toyota GT 86 (2012) first official pictures

Toyota has a long history of long gestations for its sports cars (remember the Lexus LFA's birth?). But today we can finally bring you the first pictures of the new Toyota GT 86 sports car, ne FT-86 concept car from back in 2009. We'll see the GT 86 at the Tokyo auto show in the next week, with UK sales due in spring 2012.