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Ferrari California Hybrid on the way? And ‘KERS Confusion’ too.

Ferrari California Hybrid on the way? A patent application by Ferrari for a new hybrid system has lead to speculation that a Ferrari California Hybrid is on the way. Ferrari has been flirting with hybrid set-ups for years and actually previewed a 599 with a ‘HY-KERS’ hybrid system at Geneva 2012.

Peugeot 308 R Concept stars at the 2013 Frankfurt Motor Show

Peugeot’s hot new 308 R Concept hatchback has the new mk7 Volkswagen Golf GTI square in its sights here at the 2013 Frankfurt Motor Show. The regular 308 hatch is also making its debut, showing quality Peugeot hope will rival the likes of Volkswagen and Audi, but with the rather racy looking 308 R, the French firm is after the performance crown, too. Please click the picture above to read more about the at the 2013 Frankfurt Motor Show    

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.