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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.

GPS Jammers increasingly used to steal cars & farm equipment

GPS Jammers increasingly used in car & farm equipment theft New figures show that as well as being used to steal cars, GPS Jammers are also being used in the theft of Agricultural machinery. We all do it – fit a tracker device to our pride and joy – because insurance companies insist and it makes sense. After all, a simple call to the tracker company and the boys in blue can pin down your lost love.

Production output decline slowing

By Alex Michaelides Motor Industry 24 July 2009 12:09 It appears there may be some light at the end of the tunnel for ailing car manufacturers as the most recent vehicle production figures are released. The data, presented by the Society of Motor Manufacturers and Traders (SMMT), show that, while production levels are still on the decline, the pace at which they are declining is slowing. Car production figures for June 2009 are still down by 30.2% compared with this time last year, however this is an improvement on the 50.2% by which production is down so far this year.