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Chrysler to build ZF's eight-speed transmission in Indiana
Wed, 09 Jun 2010The Chrysler Group plans to spend $300 million to build a new eight-speed automatic transmission licensed from ZF Group, a transmission maker headquartered in Friedrichshafen, Germany. The investment will pay for installation of special tooling and equipment at Chrysler's Transmission Plant 1 and Kokomo Casting Plant in Indiana and help retain 1,200 jobs there, Chrysler said Wednesday. Production will start in 2013.
CAR meets Porsche’s 2014 Le Mans chief
Wed, 11 Dec 2013By Ben Pulman First Official Pictures 11 December 2013 14:50 Porsche is returning to Le Mans in 2014 for the first time since 1998 with an all-new LMP1 prototype, and with ex-Red Bull Racing Formula One driver Mark Webber as its star driver. Audi has dominated Le Mans for the past decade, but new-for-2014 rules allow for any engine size and configuration, and instead focus on energy consumption per lap. With the slate wiped clean, 2014 will be Porsche’s best chance to beat its fellow VW Group member, and the strong Toyota team.
Chevrolet six-month global sales highest in a century
Thu, 21 Jul 2011Chevrolet saw 2.35 million global sales in the first six months of 2011--its best first-half mark in 100 years. The automaker credits the success of new small-car models for much of the growth, namely the Cruze compact, the Spark minicar, the Aveo/Sonic small car and the Orlando MPV. Chevrolet sales increased 14 percent in the United States from the same half-year period in 2010, with 286,499 more units sold.
