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Chrysler posts first net profit since bankruptcy

Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.

Mercedes R-class facelift (2010) first official pictures

This is the facelifted Mercedes R-class, unveiled today at the 2010 New York auto show.  It lives, and in the UK the new model will only be available as an entry level, rear-drive R300 CDI and a top-spec, long-wheelbase R350 CDI. The R300 CDI BlueEFFICIENCY 2WD (to give this big beast its full name) is 7% more efficient than before but still offers the same power and performance. The more snappily titled R350 CDI 4MATIC is also more economical (its 33.2mpg bettering its predecessor by 2.8mpg) but also more powerful, with outputs of 261bhp and 457ft up from 218bhp and 376lb ft.

56% of drivers 'underestimated car expense'

MORE THAN half of people who have bought a second-hand car in the last two years have found it more expensive to run than they expected, according to a Government-backed body. Some 56% of motorists said that total cost, including maintenance, repairs, insurance and fuel had turned out to be higher than anticipated and one in five drivers (20%) have resorted to going into debt just to keep their vehicle on the road, the Money Advice Service (MAS) found. One in four (26%) of the 3,000 people surveyed who have bought a second-hand car since 2012 now has regrets about their purchase, with many of them saying they had not worked out whether it was really affordable or that the purchase price was too much in the first place.