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Chrysler posts $212 million quarterly profit

Chrysler 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.

British motor show axed for good?

The British motor show will not go ahead in 2012, the organisers confirmed today. The Society of Motor Manufacturers and Traders dashed hopes that the UK expo could return after the recession put stop to 2010's event - effectively ending over a century of UK motor shows. 'The British International Motor Show has been a tremendously successful showcase for the UK motor industry,' said SMMT chief exec Paul Everitt.

Scalextric reveals its new range for 2014

Let's face it, we never really grow out of Scalextric. It's the thing that unites dads and kids across the land. In fact, many fathers can't wait for the time when their children reach a certain age, as it's then that they can buy a set for their children.