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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.

What's New - January 2005

BMW 7 Series update Three years after its debut BMW has announced the mid-life revision of the 7 Series, due for launch in spring 2005. The update includes exterior styling enhancements, interior fine-tuning, dynamic developments and a range of new engines. From the front, there is a new headlamp and bumper design, changes to the kidney grilles and enhancement of the power dome on the hood to give the car a more powerful face.

Lamborghini's Christmas gifts

We’re not unaccustomed to car manufacturers launching branded products, and Christmas time always sees an increase in the release of non-motoring products to fill the stockings of owners and brand-dedicated enthusiasts. This year Lamborghini has surpassed itself. First it’s unveiled the Meridiist Automobili Lamborghini, a gorgeous mobile phone crafted in conjunction with prestige watch builder Tag Heuer, and apparently inspired by the LP640.