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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.
Volvo S60 Long Wheelbase (S60L) goes in to production
Wed, 06 Nov 2013Volvo S60 Long Wheelbase (S60L) goes in to production Volvo certainly seems to be on the up at the moment, with new cars like the new V40 challenging established premium compacts and a complete new engine range in the offing. That is, to a great degree, down to the ownership of Volvo by China’s Geely after a period of stagnation under Ford, and now the Chinese ownership is starting to make strides in China. Chinese sales for Volvo are growing, and that’s going to be helped by a new long wheelbase version of the S60, built for the Chinese market in China and due to debut at the Guangzhou Motor Show later this month.
Bentley Celebrates Strong Finish At Mille Miglia
Fri, 23 May 2014YOU can be forgiven for thinking Jaguar stole the Mille Miglia spotlight this year, what with its roster of celebrities driving a brace of desirable racers, but Bentley was the other British brand tearing across the Italian countryside. The Crewe-based luxury car maker fielded a handful of iconic pre-war models and, after the four-day, 1,700km marathon, the firm secured its best position to date with one of its iconic 4 ½ Litre supercharged Bentley Blowers. Rolf Frech, Bentley’s Member of the Board for Engineering and Jerome D’Ambrosio, finished in 73rd position out of the 438 cars that took part.