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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.

Who's Where: Giles Taylor appointed Rolls-Royce Motor Cars design director

Giles Taylor has been appointed Rolls-Royce Motor Cars design director, with effect from 1 July 2012. He previously held the position of head of exterior design. Taylor will report directly to senior vice president BMW Group design, Adrian van Hooydonk and will replace Ian Cameron who retires from his position to become a brand ambassador until his retirement in April 2013.

BMW Concept M5 (2011) first official pictures

This is the new BMW M5 super saloon. Or at least it's the BMW Concept M5, a show car that will be unveiled at this month's 2011 Shanghai auto show, and a preview of how the production M5 will look. Apart from the darkened wheels and lack of interior, this Concept M5 mirrors the real M5 almost 100%.