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2013 Ford Mondeo debuts on Thursday – but is it time for a name change?

Ford will reveal the new Mondeo on Thursday at the ‘Go Further’ event in Amsterdam as well as news of major product acceleration. We saw the first photo of the new Ford Mondeo back in January, shortly after Ford revealed its North American sibling – the Ford Fusion – at the Detroit Motor Show. At that time, especially as the Fusion had already been properly revealed, we assumed the new Mondeo would debut at Geneva in the Spring, but it didn’t.

Chrysler posts $212 million quarterly profit

Chrysler Group on Thursday reported third quarter net income of $212 million, up from a net loss of $84 million a year earlier. Revenue rose 19 percent to $13.1 billion. The company ended the quarter with $9.5 billion in cash, down from $10.2 billion at the end of the second quarter.

TRW unveils bag in roof airbag system for European customer

TRW Automotive Holding Corp. has developed a roof-mounted airbag that is designed to allow automakers create more space for interior styling compared with typical instrument panel airbags. The “bag in roof” airbag system deploys one airbag from the roof, protecting both driver and passenger, thus eliminating the need for a passenger-side airbag (usually found in the instrument panel).