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Chrysler first-quarter profits down

Chrysler 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.

Chrysler's product plan: Tweaks, then tidal wave

Chrysler Group's product renaissance is a drama in two acts. First, the company is breathing new life into its existing lineup. Highlights include the redesigned 2011 Jeep Grand Cherokee, which the automaker started shipping to dealerships in early July, and the re-engineered and restyled Chrysler 300 and Dodge Charger rear-drive sedans, both coming in the first quarter of 2011.

Autostyle Design Competition 2013: The Results

The results of the tenth annual Autostyle 2013 design competition are in, with three Italian and two French design students earning this year's top plaudits. The contest challenged students from eight schools from around the world to create a custom vehicle from a Citroën Revolte concept, Suzuki SX4, Audi Crosslane, Land Rover Defender DC100 concept or Maserati Ghibli. The schools involved were: Creapole; Istituto Europeo di Design (IED); Institut Supérieur du Design (ISD); Istituto Superiore Scienza dell'Automobile di Modena (ISSAM); Politecnico di Milano; Royal College of Art; Strate College; and Umeå University of Design.