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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.

Citroen Survolt hits Le Mans +video

The Citroen Survolt goes to the Le Mans Classic Citroen has been producing some pretty interesting concepts recently, and one of the more recent is the Citroen Survolt we saw at the Geneva Motor Show earlier this year. At the time of the reveal we heard through the grapevine that Citroen intended actually building the electric Survolt and staging a one make racing series. Yeah, right we thought.

Rinspeed E2 concept(2009): first pictures

Rinspeed E2 concept By Ben Pulman First Official Pictures 27 February 2009 10:05 Fancy both a Fiat 500 Abarth and an entry-level 500, but as an all-in-one package? Then infamous Swiss concept car builder Rinspeed has the car for you. Called the E2, it’s based on the 500 Abarth, but with some clever engine management technology that allows the car to run with either 158bhp or 59bhp.