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Chrysler posts first net profit since bankruptcy

Chrysler Group--the U.S. automaker that has survived two ownership changes and a U.S. bailout in the past four years--on Monday reported its first net profit since emerging from bankruptcy in June 2009.

Mercedes CLS facelift (2008): first official pictures

By Tim Pollard First Official Pictures 18 January 2008 15:58 Merc has revised the unfaceliftable: the CLS four-door. Four years after launch, the unusual coupe/saloon gets a freshen-up and a new cheaper entry model – but it’s not coming to the UK. Not that the CLS looks very different.

Audi confirms 2016 Q1 compact SUV

Audi Audi has confirmed it will begin production of a premium compact crossover Q1 model in 2016 to rival the MINI Countryman and Nissan Juke. The Q1 will be Audi’s entry-level off-roader, sitting below the current Q3, Q5 and Q7 SUVs. On Bing: see pictures of the Audi Q1Find out how much a used Audi Q3 costs on Auto Trader In confirming the Q1, Audi chief executive officer Rupert Stadler highlighted, "the Q1 is a key component of our [Audi’s] growth strategy." The German manufacturer’s A1 supermini has proved a success following its introduction back in 2010, and now the four-ringed firm wants a slice of the market in the compact off-road sector.