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Chrysler first-quarter profits down
Mon, 29 Apr 2013Chrysler 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.
Lexus start to tease the 2012 GS
Thu, 04 Aug 20112012 Lexus GS - the tease begins We’re looking forward to the 2012 Lexus GS because it seems as though Lexus finally accepts that their cars need to offer more than stunning build quality and a green halo. They need to appeal to the emotions. And the 2012 GS looks like it might.
VW Routan minivan to be dropped from lineup
Thu, 28 Mar 2013Volkswagen will end sales of the Routan minivan, a rebadged Chrysler-built minivan that VW has sold since 2008, the company's top U.S. executive said Wednesday. The Routan will be phased out this year, with most units destined for "internal purposes" such as VW's corporate fleet, said Jonathan Browning, CEO of Volkswagen Group of America.