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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.

Citroen DS SUV (DS X7) teased ahead of Beijing Motor Show

The Citroen DS SUV teased ahead of Beijing With the Beijing Motor Show looming, the teases and reveals are starting to roll out, and Citroen have chose to play the tease game with a single image of the back end of a Citroen DS SUV. Logically, this DS SUV will be a production version of the Citroen Wild Rubis Concept we saw last year at the Shanghai Motor Show, although the tease photo does have differences from the concept. Just like the Citroen DS 5LS R concept we saw last week – a performance version of the DS 5LS – the DS SUV looks set to be a China only model, at least for now.

Volkswagen give the VW XL1 Ducati power

Volkswagen give the VW XL1 Ducati power It’s more than two years since Volkswagen rolled out the VW XL1 Super Efficient Vehicle as a demonstration of how light weight and low power can make for extremely economical motoring. But the silly mpg VW quoted for the XL1 – 313mpg – comes at a fairly horrible price, with the news at Geneva this year that the XL1 is heading for limited production, but with a price tag likely to be around £100k. Bit it seems that VW has found a new use for the XL1, and this time it’s not about extreme economy but more about real performance.