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Skoda Octavia vRS to hit 200mph at Bonneville

The Skoda Octavia vRS - Bonneville bound. Skoda has come a very long way since Volkswagen rescued it from the ignominy of the communist era, and restored the pride to the Czech car maker. But even though the Skoda of today is now a mainstream maker of quality cars, things haven’t changed so much that they are about to launch a 200mph Skoda, or at least not one you can pop to your local Skoda dealers and get a VAT-free deal on.

Chrysler first-quarter profits down

Chrysler Group said net income fell to $166 million in the first quarter as costs of two large product launches crimped the automaker's seventh consecutive quarterly profit. Profit fell 65 percent from the $473 million posted during the same quarter of 2012, Chrysler said in a statement today. First-quarter revenues dropped 6 percent to $15.4 billion.

Magna Electronics develops 'Touchskin' concept [w/video]

Electronics firm Magna is working on a new technology it calls 'Touchskin concept' that has the potential to eliminate traditional switches and instruments inside vehicles. As part of its ‘Intelligent Surface Technology', the Touchskin concept is set to be an integral part of a system that allows the user to control the car via intuitive gestures – such as pinching, tapping and swiping – as we've become so familiar with when using smartphones. The potential design implications are easy to see with the large amount of space made available by removing the traditional instrument cluster and its wiring and the removal of wired-in switches and buttons.