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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.

Aston Martin DBS (2007): first official pictures

By Ben Whitworth First Official Pictures 17 August 2007 07:00 Oh my... Yes, it kind of leaves you lost for words doesn’t it? Aston pulled the wraps of its new DBS super coupe today on the opening day of this year’s Pebble Beach Concours d’Elegance in California – the perfect setting for a show devoted to beautiful cars.

Design an MG sports car for 2025, win a scholarship and internship at SAIC

SAIC has announced its second university student design competition. To be in with a shout, SAIC wants students to design a dream sports car or GT car for the MG brand to be launched in 2025. The brief asks for a concept that must not only must reference MG's history – 2014 is the firm's 90th anniversary – but that also reflects China's post-90s generation.