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Charles Morgan to appeal ousting by Morgan board (2013)

By Ollie Kew Motor Industry 18 October 2013 17:00 Charles Morgan, who was ousted by the Morgan Motor Company's board this week after a decade at the marque, has released a statement reacting to his forced departure, and confirming his intention to fight the decision. You can read the statement in its entirety below. Charles Morgan has posted a single entry on a personal blog, outlining his dismay at the decision, and announcing he will appeal against the board.

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.

Pagani Huayra: First real Huayra photo – EXCLUSIVE!

Pagani Huayra First Photo Some of you may have seen the magazine scan over at Teamspeed earlier today showing the new Pagani Huayra. Many who have seen the scan have wondered if it is real. It is.