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Chrysler posts $212 million quarterly profit
Thu, 27 Oct 2011Chrysler 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.
Video: Lexus' Calty design team on their LF-LC concept
Wed, 01 Feb 2012Lexus has released an official video of its Lexus LF-LC concept, winner of the ‘Best Concept Car' at the 2012 EyesOn Design Awards. The video features comments from the design team at the company's Calty studio in Newport Beach, California, including Project Chief Designer William Chergosky, Senior Creative Designers Edward Lee and Ben Chang, Studio Manager Ian Cartabiano as well as President Kevin Hunter. The LF-LC hybrid sports coupe is the result of a brief to the Calty team to design a future hybrid sports coupe concept.
Porsche Boxster S: 2013 Autoweek Best of the Best/Car
Tue, 11 Dec 2012Today, Autoweek editors announced the Porsche Boxster S and Mercedes-Benz GL as the car and truck winners at the 2013 Best of the Best awards presentation. Editor Wes Raynal revealed the winners and presented Best of the Best trophies to representatives from the winning auto manufacturers. 2013 Porsche Boxster S: Autoweek Best of the Best/Car “As the only brand to have two models make our list of finalists, Porsche showed up in force,” Raynal said.