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Chrysler first-quarter profits down
Mon, 29 Apr 2013Chrysler 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.
Who's Where: Camilo Pardo leaves Ford
Thu, 15 Jan 2009Camilo Pardo has ended his 24 year long career at Ford to pursue his numerous other creative endeavors. CDN caught up with the accomplished artist, sculptor, clothing and furniture designer at his annual Designer's Night bash in Detroit, where he told us how he was now "free to do anything", but would not divulge details as the announcement was not yet official. A native New Yorker, Pardo graduated from the Center for Creative Studies in Detroit and was granted the Industrial Design Society of America Merit Award in 1985.
Fiat 500X teaser video ahead of 2014 Paris motor show
Fri, 05 Sep 2014Fiat has issued this Youtube video of its new 500X crossover, which is destined to launch the Italian brand into the compact SUV market dominated by the Nissan Juke. Although an annoyingly restricted view of the 500X, it is possible to make out the silhouette and outline of the baby crossover, which goes on sale in the UK in time for the new 15-reg launch in March 2015. See the Fiat 500X in full at the 2014 Paris motor show on 2 October – we’ll have the first official photographs and news the moment the covers come off.