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Dana Point concours celebrates 100 years of Alfas, drag-racing great Prudhomme

During its 28-year existence, what this year officially became known as the Dana Point Concours d'Elegance has been hampered by a series of name and residence changes comparable to another local institution, the reality-television show The Real Housewives of Orange County. If this year's event is any indication, stability and respectability have been achieved. For the last three years, the concours was staged on the rolling fairways of the Monarch Beach Golf Links at the ritzy St.

Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Ford Fiesta – 250,000 sales in the first 9 months

Ford has sold 250,000 new Fiesta in its first nine months Ford has announced that in the first nine months of production, the new Ford Fiesta has shifted a very impressive 250,000 units, more than any previous Fiesta managed in the same time-frame. I can’t say we’re too surprised by this. We really like the Ford Fiesta.