Chrysler posts first net profit since bankruptcy

Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.

Fiat to build crossover on 500 platform

Fiat plans to start production of a crossover variant of its 500 minicar next year. The new model will be called the 500X, with the letter X standing for cross, company sources told Automotive News Europe. The car will replace the Sedici in Fiat's Europe lineup.

Aston Martin outlines Centenary celebrations

Aston Martin celebrates its centenary year in 2013 and has outlined plans to celebrate 100 years of Aston Martin. Officially, Aston Martin was founded in 1913 – although it was not until after the first world war ended that they actually started proper production – and with 2013 marking 100 years of Aston Martin there are celebrations planned throughout the year. On 15th January – exactly 100 years since Aston Martin was incorporated – the oldest surviving Aston Martin – the A3 – will join the latest Aston Martin Vanquish at Henniker Mews in Chelsea, where Aston Martin originally operated, to unveil a plaque to commemorate the anniversary with the Aston Martin Heritage Trust Walter Hayes Memorial Lecture taking place that evening with Sir John Standing telling the story of Lionel Martin’s early experiences.