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Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Car Design News to host trio of events around Shanghai motor show

As the automotive world looks forward to the Auto Shanghai motor show, Car Design News is looking forward to hosting three events prior to and alongside the show: the CDN Interior Motives China Conference; Car Design Awards China; and the official Car Design Night. CDN Interior Motives China Conference Our annual China conference takes place on Thursday and Friday 18-19 April, just before the press day for this year's show, which is on Saturday 20th. Themed ‘Technology and tradition – old meets new in modern-day China', the conference will explore topics including how to design an experience, fashion and luxury in today's China, HMI design and the ‘multi-mode' interior, which flexes with the user's needs.

Lada XRAY Concept – it’s the Lada Evoque

Lada has revealed an appealing looking compact SUV concept at the Moscow Motor Show – the Lada XRAY Concept For those of us who grew up on Lada skips – and even for younger readers who only really know Lada for the Niva 4×4 or the Granta – the appearance of a good-looking Lada Concept - the Lada XRAY – at the Moscow Motor Show is a bit of a surprise. But if we look at who’s behind the XRAY, perhaps we shouldn’t be surprised. Steve Mattin, formerly with Mercedes and Volvo, penned the new Lada, and a very convincing job he’s done.