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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.

British restorer upgrades the Jaguar E-type with modern materials

Here's an item that caught our attention in light of the 50th anniversary of the Jaguar E-type. British company Eagle makes a business of selling and restoring E-types. Its latest project takes the classic sports car and upgrades it with some modern technology.

Chevrolet updates Impala logo

Chevrolet has announced that its 2014 Impala will feature a redesigned emblem as the latest evolvement of the range's African antelope logo. The Impala model is one of only two vehicles – the other being the Corvette and its crossed-flags – in Chevrolet's range to have its own exclusive symbol, and thus it has been upgraded to complement the design of the latest model. Joann Kallio, lead creative designer for Chevrolet global badging, says, "We kept the stylized interpretation of the animal, and made the impala more muscular.