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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.

New Jeep Renegade arrives: Geneva Motor Show

The new Jeep Renegade debuts at Geneva There’s plenty of choice if you want an compact faux SUV for the urban jungle, but the new Jeep Renegade – revealed at the Geneva Motor Show – promises to be able to do real off-road stuff as well as be a City warrior. Reviving a historic Jeep name, the new Renegade gets styling that shouts traditional Jeep – from its boxy shape, square wheel arches and upright look – and, even though it’s based on the underpinnings of the Fiat 500L (and the soon to arrive Fiat 500X), it conspires to be all American despite its Italian roots and diminutive size. Despite the rather retro look, the modern underpinnings borrowed from the 500L promise to be an effective basis for a compact Jeep, especially as Jeep has modified the setup to offer all independent suspension.

Monterey in a Mulsanne – a Bentley mission to Pebble Beach

After a ten-and-a-half-hour flight from London, the idea of steering headlong – and solo – into the early Los Angeles rush-hour traffic in a five-and-a-half-metre-long, left-hand drive Bentley Mulsanne (worth some £230,000 with extras) and on the other side of the road to which I am familiar, might seem a little daunting. But as soon as I sink into the super saloon’s big leather seats, Bluetooth my iPhone to stream some music via the Naim premium audio, turn up the air-conditioning and press the accelerator gently, all becomes well. LAX Airport may be my starting point but the final destination is the Monterey Peninsula towards San Francisco, some 400 miles northward, for the world-famous annual classic car show Pebble Beach.