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Chrysler posts $239 million operating profit, raises forecast
Mon, 08 Nov 2010Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. The results, released Monday, marked the automaker's third straight operating profit. Chrysler's third-quarter net loss was $84 million, down from $172 million in the second quarter.
Exclusive: Anthony Lo to become VP of Exterior Design at Renault
Fri, 05 Mar 2010In another exclusive, Car Design News has obtained information regarding Anthony Lo's most recent career move. According to our industry contacts, Lo resigned as Director of Advanced Design at General Motors Europe, handing in his papers yesterday morning. He is now set to become Vice President of Exterior Design at Renault, working under recently appointed Design Director Laurens van den Acker.
Punchy diesel bound for Mini Cooper
Tue, 07 Nov 2006By Phil McNamara Motor Industry 07 November 2006 09:00 Mini is planning the first ever diesel Cooper – and the common-rail unit will have almost 50 percent more power than the outgoing Toyota engine. The Mini Cooper diesel will run the 1.6-litre HDi four, which features in Peugeot-Citroen and Ford cars. Peak power is 110bhp, with 180lb ft of torque on tap.