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Finalists announced in exterior phase of CDN-GM Interactive Design competition

The exterior phase of the CDN-GM Interactive Design competition closed on the November 7th, with over 150 entries from design students based in the USA and Canada, making it our most popular interactive competition phase so far. After the press days of the recent LA Auto Show, judges and mentors from GM, along with our competition partners Dassault Systèmes, Faurecia and SRG Global, gathered at GM's North Hollywood advanced design studio to pick the finalists. Those chosen will be invited to attend the 2012 NAIAS in Detroit, along with finalists from the interiors phase, and on the second press day, interiors and exterior winners will be announced for each brand.

China’s Hong Qi State Limo twice the price of RR Ghost

FAW's Hong Qi Limo - a snip at £720k It would have been unthinkable just a few years ago, but this week China has seen the reveal of two cars that would stretch even the finances of a Western plutocrat. The Hong Qi State Limo is a behemoth of a car designed to ferry China’s elite in safety and comfort. It was used in China’s recent 2009 ‘Review of the Troops’ to chauffeur Chairman Hu.

Chrysler posts $239 million operating profit, raises forecast

Chrysler Group posted an operating profit of $239 million in the third quarter and raised its outlook for the balance of the year in anticipation of stronger sales and improved operating performance. The results, released Monday, marked the automaker's third straight operating profit. Chrysler's third-quarter net loss was $84 million, down from $172 million in the second quarter.