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Iconic to start roadster production

Iconic Motors will begin production of its 2012 AC Roadster in late spring in Detroit, the company said on Tuesday. Iconic says it will build only 100 copies during its first year of production. “We are genuinely excited to begin production on the 2012 Iconic AC Roadster,” Iconic Motors chairman Claudio Ballard said.

Maserati’s 50,000 sales target starting to look possible

22,500 sales so far in 2013 from Maserati, thanks to cars like the Ghibli (pictured) When Sergio Marchionne revealed in 2011 that he wanted Maserati sales to hit 50,000 a year by 2015, we were all very sceptical. (adsbygoogle=window.adsbygoogle||[]).push({});After all, Maserati were only managing fewer than 6,000 sales a year at that time, so a target of 50,000 a year seemed mad. But it’s starting to look a distinct possibility.

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.