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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.

Dassault Systèmes and Riversimple partner for eCar Design Contest

Dassault Systèmes, in collaboration with Riversimple and the 40 Fires foundation, launched their eCar Design Contest recently, designed to encourage cooperation and the development of ideas on an open source platform. The companies had been in talks for some time regarding a joint project and this competition – a completely holistic, closed-loop approach to the building, sale and use of a car – is the result of their successful collaboration. Christopher Reitz, head designer at Riversimple, says, "The open source platform is a fantastic tool.

Hyundai i30 SR – a taste of Sporty Hyundai

Hyundai in Australia has revealed the Hyundai i30 SR, an i30 with a 2.0 litre petrol engine and a sportier edge. Hyundai in the UK defaults to its diesel engine offerings across almost its entire range, with the Golf challenging i30 offering only a 1.4 litre petrol with a very modest 98bhp apart from the diesel offerings. But Hyundai in Australia marches to its own beat and has rather bigger ambitions for the brand than Hyundai exhibit in most of the rest of the world, with thoughts about a Hyundai ‘Genesis’ luxury brand (although that seems to have come to nought so far) and their very own ‘Sporty’ take for the Hyundai range in the ‘SR’ model.