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Chrysler posts $212 million quarterly profit

Chrysler Group on Thursday reported third quarter net income of $212 million, up from a net loss of $84 million a year earlier. Revenue rose 19 percent to $13.1 billion. The company ended the quarter with $9.5 billion in cash, down from $10.2 billion at the end of the second quarter.

Saab's new 9-3 due in 2012 to set new Saab template

By Tim Pollard Motor Industry 04 June 2010 10:13 Now the new 9-5 is launched, attention is turning to the next generation of Saabs. Speaking at the 9-5 launch in Trollhättan, Saab bosses told CAR that the new 9-3 would be the first model to bear the true hallmarks of the new independent Saab since the Detroit divorce.GM sold Saab to Dutch entrepreneur Victor Muller's Spyker group in February 2010 for $78 million and an equity swap – meaning that the 9-5 was done and dusted by the time Saab had become independent. Next year's new 9-4X crossover, paired with and built alongside GM's Cadillac SRX and due in April 2011, is also largely finished.

Aston Martin DP-100 Vision Gran Turismo Concept revealed – Goodwood debut today

The Aston Martin DP-100 Vision Gran Turismo Concept As design technology has evolved, it’s become properly practical for car makers to indulge their design flair in cars that will only ever really exist in the virtual world. And the latest creation comes from Aston Martin with the reveal today of the Aston Martin DP-100 Vision Gran Turismo Concept. Developed in just six months by Aston Martin’s Design Team, the DP-100 Vision Gran Turismo boasts an 800bhp twin-turbo V12, is mid-engined (a first for Aston Martin) and, if it were real, would offer blistering performance.