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Chrysler posts $239 million operating profit, raises forecast

Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. The results, released Monday, marked the automaker's third straight operating profit. Chrysler's third-quarter net loss was $84 million, down from $172 million in the second quarter.

Saab’s Chinese Takeaway goes cold

Saab loses Hawtai investment There’s nothing worse than a cold Chinese; all congealed and unappetising. A reality Victor Muller woke up to today when the news broke that the much-trumpeted investment by China’s Hawtai in Saab had turned sour. But it wasn’t exactly unexpected.

2015 Ford S-Max revealed – debuts at 2014 Paris Motor Show

The new Ford S-Max debuts at Paris and goes on sale next summer The Ford S-Max Concept arrived at the Frankfurt Motor Show last year as Ford worked hard to prove they really did have new cars on the way, despite the huge delay in delivering the new Ford Mondeo to Europe – with which the new S-Max shares its underpinnings – and now we get the real deal – the 2015 Ford S-Max. Looking very like the S-Max Concept, the new S-Max is the same size as the outgoing model but gets an evolutionary redesign complete with Ford’s ‘Aston Martin’ grill and some funky headlights, with the A-Pillars further back, higher beltline, bigger shoulders at the back and a set of slim tail lights at the back separated by a chrome strip. It all conspires to make the new S-Max sportier and more appealing.