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Chrysler quadruples profit in first quarter

The Chrysler Group is riding high on first-quarter profits this year that totaled $473 million. That's quadruple what it made last year during the same period. Revenue rose 25 percent to $16.4 billion, while U.S.

Drivers walk to avoid parking fees

DRIVERS are voting with their feet over parking charges, with most prepared to walk so they do not have to pay. On average, drivers are willing to walk up to half a mile to dodge parking charges, a survey from market research company Viewsbank found. A fifth of motorists were prepared to walk a mile or more rather than pay up, with only 11% saying they would rather pay than walk, the poll of 2,053 drivers revealed.

UK motorway to charge moving electric cars

The Highways Agency is set to test wireless charging in moving electric cars on a UK motorway, according to Engineering and Technology Magazine. This would see electric vehicles gain additional charge as they passed over wireless charging nodes embedded in the motorway’s road surface. On Bing: see pictures of wireless electric car charging Find out how much a used electric car costs on Auto Trader The concept, already used by some mobile phones and currently being trialled for static charging of electric cars, uses electromagnetic fields to pass current to batteries without the use of cables or wires.