DaimlerChrysler Achieves $7.3 Billion Operating Profit in 2006

DaimlerChrysler today published its preliminary Group and divisional results for the year 2006. DaimlerChrysler recorded an operating profit of $7,281 million in 2006, compared with $6,843 million in 2005. The development of the Group’s operating profit was primarily impacted by the significant decline in earnings at the Chrysler Group. This was more than offset by [...]

Volkswagen likely to keep Bugatti, Lamborghini

Volkswagen is likely to keep its Bugatti and Lamborghini brands, despite rumors of a possible sale or spin-off. Martin Winterkorn, VW's new boss, told a German newspaper research and development done at the two supercar brands can benefit the entire company.
Winterkorn told the daily Suddeutsche Zeitung that "development

Peugeot Design Contest Winner Announced

Mr. Mihai Panaitescu, 20, born in Romania, who now lives and studies design at the I.E.D. Turin, Italy, has won the great prize in the international competition organized by Peugeot with his Flux Concept Design.
The jury selected 30 projects out of 4,000, and these were posted on the website. The public voted for [...]

Spied: 2008 Alfa Romeo 169

A number of camera-phone images showing what appears to be a 2008 Alfa Romeo 169 prototype/concept have surfaced online. The car might be displayed in concept form at the Geneva Motor Show in March.
The 169 is a replacement to the aging 166. It is expected to feature a rear-wheel-drive platform derived from Maserati.

What Your Car Says About You

2007 Bentley Arnage + enlarge image | view gallery >
In Shakespeare’s English, “luxury” and “lust” were synonyms.
Not much has changed in 500 years, apparently, since Bentley dealers are reporting that more people ask about the brand’s top-drawer luxury autos around Valentine’s Day.
Seems like

Early look: Toyota Hybrid X concept

Toyota will use the Geneva Motor Show next month to showcase the Hybrid X – a concept car that proposes a new design language for hybrid models while also acting as a technology showcase for future hybrid cars. The company has released a single teaser image showing a rear section of the concept.

Spied: 2009 Mercedes C-Class Sportcoupe

Mercedes is going full throttle on replacing aging models with their respective successors, and here is proof this goes for the C-Class Sportcoupe as well.
These pictures were taken in northern Sweden, and they show the new Sportcoupe for the first time ever.

Ontario to Become Home of the All-new 2008 Dodge Challenger

DaimlerChrysler announced today that the all-new 2008 Dodge Challenger will be built at its Brampton Assembly Plant near Toronto. “It’s good news that the Dodge Challenger will be added to the Canadian production line-up,” said Reid Bigland, President and CEO – DaimlerChrysler Canada. “Quickly bringing desirable new products such as the Dodge Challenger to market [...]

Le Mans classic in the Audi museum mobile

The Le Mans 24 Hours: What is surely the world’s toughest and most fascinating motor racing event will be held for the 75th time in 2007. Lap after lap. Around the clock. Reason enough for the Audi museum mobile in Ingolstadt to dedicate a special exhibition entitled “24 heures” to the legend that is Le [...]

Opel Astra 2007: New Edition of Successful Model

With new, more economical engines, a refined look, enhanced technology and an expanded equipment range, the new edition of the Opel Astra is available at dealerships from February 2007 at a practically unchanged, affordable price starting from 16,160 euros. The whole Astra family benefits from the model update, from the five-door and station wagon variants [...]