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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.
Infiniti fast tracks small diesel engines
Wed, 07 Apr 2010Infiniti is fast-tracking new small diesel engines in the wake of the Daimler-Renault-Nissan partnership signed today in Brussels.Nissan's upmarket division will take supply of Merc's smaller four-cylinder turbodiesels - at a stroke thrusting it into the heartland of the executive sector. At present, it struggles to compete with its 3.7-litre V6 petrol only range of G saloons and coupes, and large-engined SUV crossovers. Sooner than you might think.
Jaguar XFR & Jaguar XKR – UK Debut
Mon, 11 May 2009The Jaguar XFR - together with the Jaguar XKR - gets a UK début at MotorExpo 2009 in June The XFR and the XKR will both début at the London MotorExpo 2009, which takes place in Canary Wharf from 8-14 June. Which is probably the best venue Jaguar could come up with (apart from perhaps Salon Prive or the Top Gear Show) as we don’t have a Motor Show any more. Still, the plus is that MotorExpo is a free entry event, which helps, and Jaguar are expecting around 350,000 visitors, which is not too shoddy.