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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.

Top 5 most important cars at the 2013 Frankfurt motor show

The five most important memorable cars in attendance at the world’s biggest motor show Nothing is as controversial as irritating your core enthusiasts, and the Audi Sport Quattro concept risks doing just that. Its name and styling riff off one of the most iconic cars in Audi’s back catalogue – and in WRC history – yet the new yellow version unveiled at the 2013 Frankfurt motor show has abandoned the five-cylinder engine, manual gearbox, and respectable kerbweight of the 2010 Quattro concept. In its place, we’ve an RS7-based coupe with the power of a Lamborghini Aventador (691bhp), twice the claimed economy of a Golf GTD (113mpg), but only because of a twin-turbo V8 mated to a hefty hybrid powertrain, and that means this new Sport Quattro weighs as much as a Bugatti Veyron Super Sport (1845kg).

Opel to revive Monza line with Frankfurt-bound concept

Opel will unveil a new concept aimed at reviving the Monza line at September's Frankfurt motor show, according to reports emerging from Germany. The concept is believed to be a large coupé showcasing the brand's latest in lightweight materials and in-car technologies. Details are scarce, but it is allegedly based on a shortened Cadillac ATS platform with a rear-wheel drive layout and will include a range of four- and six-cylinder engines with displacements between between 2.0 and 3.6-liters.