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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.

The 12 best cars at the 2014 Beijing Motor Show

Despite a recession and government crackdowns on spending and corruption, China’s auto industry is charging ahead, pedal to the metal. For many brands, China represents a market where growth is the norm not the exception, with the world’s top brands building cars specifically for the country’s seemingly insatiable appetite for vehicles. MSN Cars trolled through the show’s seven massive floors to bring you the best new concepts and production cars.

BMW i3 gets four-star Euro NCAP safety rating

BMW’s i3 electric city car has scored a four-star Euro NCAP safety rating in the latest round of crash testing by the European car safety body. Although the i3 recorded strong results in the adult and child occupant protection categories, it missed out on a maximum five-star score due to weaker showings in the pedestrian protection and safety assist classes. On Bing: see pictures of the BMW i3Find out how much a used BMW costs on Auto Trader This is somewhat surprising as the BMW i3 features cutting edge technology in the city car sector, including a strong but lightweight carbonfibre body shell.