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Chrysler reports 2012 Q2 net income of $436 million

The Chrysler Group announced their financial results for the second quarter (Q2) of 2012 with impressive results including a new income of $436 million – a 141% increase over the second quarter of 2011 – while also seeing their worldwide shipments increase by 22%.
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What Is The Ideal Electric Car Range?

While most of the automobile industry battles between “enough range” and the ideal range for electric cars, there is a clear divide between what people would like and how much they actually need.
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The 2013 Lexus LS lineup debuts in San Francisco

Last night at a ritzy event in San Francisco California, the Lexus brand introduced the newest versions of their flagship LS sedan that included the traditional LS 460 and LS 460 L (long wheelbase) as well as the LS 600h L Hybrid and the new 2013 Lexus LS 460 F Sport.
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Report: No Scion FR-S turbo or convertible for U.S.

Because Toyota wants to keep the cost of the Scion FR-S near $25,000, they have shelved the idea of bringing a turbocharged version or convertible to the U.S. market.
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The tow sharks are circling so watch your ride

Police in Orlando are investigating a towing scam in which unsuspecting attendees to a music festival were directed into a private lot at the behest of ersatz owners, only to find their cars towed when they returned hours later.
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Author: Don Bain
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Affordable Camaro 1LE Laps VIR in impressive performance time [Video]

Chevrolet has announced the 2013 Camaro 1LE has lapped the Virginia International Raceway in 2:58.34 making it one of the fastest performance cars available for the price.
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Official EV focus ignores value of CNG vehicles

Four years ago it seemed a simple goal – one million electric vehicles on US roads by 2015, as the price of gas neared $5 a gallon. Today with only 65,500 EVs rubbing curb-feelers with 123,600 CNG vehicles and gas steady at about $3.50 a gallon, the focus seems misplaced.
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Posted:
Author: Don Bain
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George Clooney auctioning off Tesla roadster for a good cause

Clooney's 2008 Tesla Signature 100 roadster will be up for grabs at the upcoming Pebble Beach Auction, which also features Jay Leno's 2012 Fiat 500.
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Lightning 1st, Brammo 2nd/3rd in 2012 e-Power/TTX race at Laguna Seca during Red Bull US Grand Prix

For the third year running, FIM's e-Power electric motorcycle racing series came to the MotoGP at Laguna Seca, with Barracuda Lightning Motorcycles and Icon Brammo winning.
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