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Chrysler posts $239 million operating profit, raises forecast

Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. The results, released Monday, marked the automaker's third straight operating profit. Chrysler's third-quarter net loss was $84 million, down from $172 million in the second quarter.

VW Beetle R Concept revealed

VW Beetle R Concept arrives at Frankfurt We did speculate back in June that Volkswagen were planning on giving the new VW Beetle some butch credentials by endowing it with a new performance range-topper – the VW Beetle R. And today at Frankfurt the new hot Beetle takes a bow. VW are dubbing the Beetle R Concept, but it’s clear that they want the new Beetle to be perceived as more appealing to men as well as women; to those who enjoy the drive as well as to those who buy a car to make a style declaration.

Toyota recalls another 2.17 million U.S. vehicles

Toyota Motor Corp. said Thursday it will recall 2.17 million Toyota and Lexus vehicles in the United States to inspect and repair accelerator pedals that may get trapped in floor mats or carpeting. The automaker said more than half of the recalled vehicles--1.54 million units--are being added to a giant 2009 recall to inspect and repair accelerator pedals that may get trapped in floor mats.