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Chrysler posts $212 million quarterly profit
Thu, 27 Oct 2011Chrysler 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.
Crunch watch August 09: the auto industry
Mon, 31 Aug 2009By Tim Pollard, Alex Michaelides, Ben Pulman and Freddie Fulton Motor Industry 31 August 2009 10:00 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Monday 31 August 2009• Bank holiday today in UK; staff on a well earned break from Crunchwatch!Friday 28 August 2009• Toyota will stop producing vehicles at the New United Moor Manufacturing plant in California next March. Company officials and California governor Arnold Schwarzenegger announced the decision, which comes in the wake of factory partner GM’s announced that it would abandon the venture back in June (Detroit News)• Tengzhong may finalise its deal to buy Hummer from GM next week, well placed sources told AN (Automotive News, subscription required)• German economics minister Karl-Theodor zu Guttenberg says it is 'hardly realistic' for GM to keep hold of its European outfit Opel and Vauxhall (Automotive News Europe, subscription required)• Ford's US cop car favourite, the Crown Victoria, is going to cease production in 2011 (Detroit News)Thursday 27 August 2009• Nissan and Chrysler have abandoned plans to build cars for each other in the wake of Chrysler’s alliance with Fiat.
Maserati Wins Style Shoot-Out At 2014 Goodwood Festival Of Speed
Tue, 01 Jul 2014MULTIPLE world rally winner Sebastien Loeb wasn’t the one to leave Goodwood’s Festival of Speed smiling. And while he might have been the fastest up the hill, he wasn’t judged ‘best in show’. That title went to a particular Maserati A6 CGS Berlinetta, which was entered in the Festival’s traditional ‘style-et-luxe’ concours d’elegance event.
