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Goodwood FoS: Peugeot EX1 concept

It's not very often that I'm up at six o'clock on a Saturday morning. Yet here I am, threading through the narrow lanes of West Sussex, trying to meet a ridiculously early call time with Peugeot at the Goodwood Festival of Speed. Couple this with the adrenalin coursing through my veins – brought on by the excitement of finally getting a ride up the drive in front of Goodwood's house, home each year to the Festival of Speed – and there's no need for any coffee to wake me up this morning.

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.

Kia four-door sports sedan concept

Kia isn't giving much away about its Frankfurt-bound concept car, indeed it hasn't even released its name yet, referring to it as the 'four-door sports sedan concept.' The press release talks of it as 'signalling a distinctive new design direction' for the Korean brand, yet the now-familiar 'tiger-nose' grille and Optima-esque A-pillar/cant rail/C-pillar highlight are very much in evidence. "No matter from which perspective you look at it - this concept car is roaring with energy and ready for take-off," says Peter Schreyer, Kia Motors Chief Design Officer."I believe the car is a strong statement from Kia: we are ready to fast forward to an all new chapter." We'll bring you full details (and hopefully a name) from IAA next month. Photo gallery: Kia four-door sports sedan concept