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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.

Bombardier YouCity design competition launched

Bombardier is sponsoring the YouCity Innovation Competition, seeking design concepts for 'the future of urban mobility'. The online competition, open to design students and professionals, focuses on the evolution of mobility in fast-growing urban areas. With more than two thirds of the world's population expected to live in cities by 2050, the issue of transportation is one that the organizers feel needs to be addressed sooner rather than later.  Bombardier has selected three cities that represent the different markets for urban mobility around the world: London, UK (mature market), Belo Horizonte, Brazil (BRIC market) and Vientiane, Laos (emerging market).

McLaren announces official P1 performance figures (2013)

By Ollie Kew First Official Pictures 21 October 2013 14:00 McLaren has finally finished throat-clearing about the P1 supercar, and announced official, confirmed performance figures for the £866,000 hyper-hybrid. No more ‘approximately’ this and ‘sub’ that: here’s the complete list of top trumps. • 0-62mph (100km/h): 2.8sec – the same as a Nissan GT-R, 0.1sec faster than a Lamborghini Aventador, and 0.4sec faster than the original McLaren F1.• 0-124mph (200km/h): 6.8sec – faster than CAR’s long-term Subaru BRZ coupe hits 62mph.• 0-186mph (300km/h): 15.6sec – 5.5sec faster than a McLaren F1.