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Chrysler posts $370 million net loss on costs tied to repaid loans

Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.

Mercedes-Benz scores double wins at German Design Council awards

Mercedes-Benz took home two design trophies from the 2014 German Design Council awards, winning Special Mentions for the 2014 Mercedes-Benz S-class and the Ener-G-Force concept vehicle. The German Design Council traces its history back decades, and every year dozens of experts evaluate more than a thousand entries, with just a fraction of them being automotive designs. This year 30 well-known design experts judged approximately 1900 submissions, assessing a variety of design elements in picking their top choices, and this year a duo of Mercedes-Benz vehicles won the praise of design gurus.

Volkswagen Passat TDI covers 1,626 miles on a single tank of fuel

John and Helen Taylor recently drove a 2012 Volkswagen Passat TDI carefully enough to return an unbelievable 84.1 mpg on trip from Houston, Texas, to Sterling, Va. That's 1,626.1 miles on one tank of low-sulfur diesel. That's almost 100 miles better than the old world record.