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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.

Touring Superleggera Disco Volante and Ralph Lauren Bugatti win at Villa d'Este

The Touring Superleggera Disco Volante was the surprise winner of the Design Award for Concept Cars and Prototypes at 2013 Concorso d'Eleganza Villa d'Este. It beat the likes of the BMW Pininfarina Gran Lusso Coupe, Aston Martin CC100, Infiniti Emerg-E and McLaren P1, although it should be said that BMW, as a major sponsor of the event, dosn't enter its cars into the vote. The Alfa Romeo-based sports car once again proved that if it's red Italian and with a Milanese connection, it's a dead cert for winning the prize, voted for by both the judges and the general public.

European Grand Prix (2011) RESULT

European Grand Prix 2011 - Vettel back on pole It’s probably as big a shift in weather and conditions as we’ve had this F1 season, from the deluge of the island track in Canada to the searing heat of a Valencian Summer for the 2011 European Grand Prix, but was that enough to see Vettel recover from the defeat he suffered in Canada at the hands of a quite simply brilliant Jenson Button? Well, yes, it was. Just as he was in 2010, Vettel was on pole in Valencia and back on unrelenting form, leading as if by right from beginning to end; controlling the gap to the cars behind as if by divine intervention.