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Honda plans rapid-fire launch of 2012 Civics

Honda will take a hurry-up approach when launching its delayed Civic family in April. Unlike past Civic rollouts--which spread the debuts of model types and variations over months and even years--Honda will launch every variety of the 2012 Civic within weeks of each other, said John Mendel, executive vice president of sales for American Honda. The family includes a sedan and coupe, multiple engines, lithium ion hybrid and natural gas versions, and a Civic Si edition.

2014 Chevy Silverado and GMC Sierra recalled

General Motors is recalling nearly 22,000 units of the 2014 Chevrolet Silverado and GMC Sierra full-size pickups because the seats may move in a rear-end crash. The recall affects 21,721 Silverados and Sierra Series 1500 vehicles; 18,972 in the United States, 2,575 in Canada, 103 in Mexico and 71 exports. These vehicles have manual front reclining seatbacks that may fail to meet a federal safety requirement for performance when struck from behind.

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.