Speedway Motors/dickies Car Club Retro Jacket, Xl on 2040-parts.com

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 Mercedes SLK 55 AMG (2012) blasts in

The new Mercedes SLK 55 AMG arrives ahead of Frankfurt Just last week we had the first diesel SLK arrive, promising a new era of fun and frugal Mercedes roadster goodness – but with an oil-burner. But now we’ve got the ‘Daddy’ SLK, the new 2012 Mercedes SLK 55 AMG, revealed ahead of its debut at Frankfurt next month. Really, however much we may admire the SLK diesel – and think it a damn fine road for Mercedes to go in our eco-obsessed world – it’s the new SLK 55 that incites real lust.

Infiniti M launches at Pebble Beach

Infiniti has 'Virtually' revelead the new Infiniti M at Pebble Beach Anyway, odd launch or not, this is a big deal for Infiniti. And – for the first time – the UK and Europe will also be getting the Infiniti M, which is Infiniti’s Flagship model, aimed at the Lexus LS and – I suppose – the S Class, 7 Series and XJ, although it is slightly smaller. As we noted from the teased silhouette we saw recently, the Infiniti M seems to take a chunk of its design cues from the Infiniti Essence Coupe, which actually kicked off the Pebble Beach event a couple of days ago.