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BMW to reveal Zagato concept at Pebble Beach

This weekend at Pebble Beach, Monterey and the Legends of the Autobahn, BMW will show off a handful of cars, the most intriguing of which is this Zagato concept. Basically looking like a swoopy version of the Z4, the Zagato concept will hold court next to the 2013 BMW 7-series, the Alpina B7 and more products from the M division, which is celebrating its 40th anniversary. Three vintage race cars will be out touring during the Motorsports Reunion, including the 1986 BMW-March GTP, the 1980 BMW M1 Procar and a 1975 BMW 3.5 CSL, the last of which will be piloted by BMW North America President and CEO Ludwig Willisch.

Chrysler posts $239 million operating profit, raises forecast

Chrysler 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.

VW Polo GTI (2010): first news and photos

Volkswagen has just issued these first photos of the new 2010 Polo GTI. It uses the 1.4-litre TSI engine with turbo- and supercharging to liberate a stocky 178bhp – enough to make the Polo GTI into a proper little pocket rocket.The first hot Polo was the supercharged G40 of 1986, but that developed a relatively weedy 112bhp. The new 2010-spec Volkswagen Polo GTI is powerful enough to hit 62mph in 6.9sec and reach a 142mph V-max.