Hot on the heels of Ford's earnings announcement for the year that was, Chrysler today reported a 2012 net income of $1.7 billion, up substantially from the comparatively minuscule $183 million profit earned in 2011 when it repaid its US government loans.
Aston Martin has stepped in to clarify recent rumors of its Lagonda revival. We know that a Lagonda concept is due to be shown at next year's Geneva Motor Show, and of late it was speculated to be something SUV-ish. An Aston spokesperson has laid out the plan, and this time neglected to mention the acronym "SUV" at all.
As recent financial results have shown, reviving Ford Motor's North American operations is about more than just downsizing production capacity and increasing efficiency. Disappointing sales results are focusing the spotlight increasingly on Ford's promises of new, innovative products.