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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.

Drivers 'concerned' by automatic speed limit technology

THREE QUARTERS of drivers say they are concerned about new technology that automatically changes the speed of a car. These Intelligent Speed Adaptation (ISA) systems are designed to force cars to drive within the speed limit and can automatically reduce a car’s speed without the driver’s input. The Institute of Advanced Motorists (IAM) says 75% of drivers it asked thought ISA systems would compromise safety, while 78% did not want to see this technology retro-fitted to older cars.

Saleen S351 Mustang being prepped

After a tumultuous and sometimes litigious couple of years (which included Steve Saleen the man suing Saleen the company for calling itself Saleen!), Saleen the man, the car and the company with the man again in the driver's seat are back, still in Southern California and still in the bustling Inland Empire burg of Corona to which they all ensconced a few years ago. So what's new? First up is a Saleen 351 Mustang, which was announced at the LA auto show last week.