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Chrysler vows to rebuild SRT
Mon, 27 Jun 2011Ralph Gilles promises that Chrysler Group will be "very choosy" about the cars and trucks that get the SRT performance badge. Gilles, recently named head of SRT, is charged with rebuilding the SRT unit, which languished when Chrysler was owned by Cerberus Capital Management. Three new SRT vehicles, versions of the Dodge Charger and Chrysler 300 sedans and the Jeep Grand Cherokee, will arrive in dealerships this fall, joining the Challenger SRT8.
GM profits surge to $3.2 billion in first quarter
Thu, 05 May 2011General Motors on Thursday posted net income of $3.2 billion for the first quarter, its fifth straight quarterly profit since emerging from bankruptcy. Stripping out one-time charges and gains, including $1.6 billion in income from the March sale of GM's ownership in Delphi Automotive, GM earned $2 billion before interest and taxes. GM's net income for the January-through-March period a year earlier was $865 million.
Citroen DS4 Racing concept (2012) first pictures
Fri, 24 Feb 2012Citroen is following up the DS3 Racing with a similarly heated-up version of the DS4: and the new 2012 DS4 Racing is unveiled today. Like its smaller brother, the DS4 Racing has been developed by Citroen Racing, the team behind Seb Loeb and the French firm's dominating seven-time WRC world championship activities. What's new on the Citroen DS4 Racing?