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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.

Audi at the Paris motor show 2008

By Ben Whitworth Motor Shows 02 October 2008 16:52 Audi’s sparkling new A1 Sportback – a thinly camouflaged version of its 2010 A1 Mini-basher – as well as its frugal A4 Concept E and a rather large trophy were the highlights of Ingolstadt’s Parisian offerings this year. In essence this follows on from the Metroproject that Audi unveiled last year. Slightly bigger in five-door guise than the Mini, Audi is keen to play on the A1’s practicality as well as its aspirational qualities.

Jaguar Land Rover doubles its profits

Jaguar Land Rover has reported sales up by 29 per cent in the second quarter of their financial year and profits up by 100 per cent. It’s a rough car market out there – especially in Europe – but Jaguar Land Rover continues to grow its sales with revenues up by over 13 per cent, sales up by 29 per cent and pre-tax profit up by 100 per cent to £431 million. These are strong figures from JLR and reflect the strong sales of the Evoque around the globe (100,000 and counting) and remarkably strong sales for the old Range Rover, despite the 2013 Range Range Rover about to hit showrooms.