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Chrysler posts $212 million quarterly profit

Chrysler 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.

Toyota's Tokyo treats

By Tim Pollard First Official Pictures 11 October 2007 10:16 Toyota Hi-CT Concept It's that time again: the bi-annual Tokyo Motor Show kicks off on 24 October 2007, and we're being treated to a flood of teaser information from the Japanese manufacturers. The Japanese show always attracts some crazy cars, and it's built a reputation as one of the few shows where you see some properly out-there concept cars. Toyota won't disappoint this year...

Mercedes S500 Plug-in Hybrid revealed – gets official 94.2mpg

The Mercedes S500 Plug-in Hybrid (pictured) has been revealed There will come a point when legislators wake up and realise that car makers are getting too clever at gaming their CO2 based taxation and change the goal posts. But until then, cars like the new Mercedes S500 Plug in Hybrid – revealed today – are the perfect company buy. That’s because the clever use of a plug-in electric motor coupled with a relatively frugal ICE engine – in the case of the S500 Plug-in a 329bhp 3.0 litre V6 and 80kW electric motor – produce official economy and emissions figures that are really only valid under test conditions but save a big chunk of tax for buyers.