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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.

New car sales up again in October (2013). Should hit 2.25 million by year end

The Ford Fiesta (pictured) tops the UK new car list in October It’s another growing month for car sales in the UK, with SMMT reporting that new car sales in the UK for October 2013 rose by 4 per cent to 157,314 and registrations for 2013 so far up 10.2 per cent to 1,952,238. This is the 20th month in a row that new car registrations have increased, forcing the SMMT to increase its forecast for total 2013 sales to 2.25 million. Topping the sales charts is once again the Ford Fiesta which sold 8,574 – 65 per cent more than the Vauxhall Corsa in second place.

Aston Martin SP10: V8 Vantage S Special Edition – not for UK

Aston Martin has revealed a new Special Edition V8 Vantage S – the Vantage SP10 – inspired by the GT4 Race Series. Not available in the UK. But in recent years automatic gearboxes have got very clever, and the modern auto ‘box can work the cogs better than Michael Schumacher on a good day.