This is the Morning Shift, our one-stop daily roundup of all the auto news that's actually important — all in one place at 9:00 AM. Or, you could spend all day waiting for other sites to parse it out to you one story at a time. Isn't your time more important?
1st Gear: General Motors today announced first quarter net income attributable to common stockholders of $3.2 billion, or $1.77 per fully-diluted share. It's the company's fifth consecutive profitable quarter. Revenue increased $4.7 billion to $36.2 billion, compared with the first quarter of 2010. Like we said, this company's set up to mint money... for now, anyway. What about when they get past this current generation of new product? That's a different story. Maybe they just need to import the El Camino to help with that. Right?