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A taxing situation: Miles driven or fuel consumed, that is the question
Wed, 11 Mar 2009OPENING SCENE: Inside a modern-day classroom. Teacher stands behind a desk addressing the room. TEACHER: OK, boys and girls, today we're working on our C-words.
David Brown Automotive Speedback sports classic looks, modern performance
Thu, 27 Mar 2014A new 510-hp, V8-powered British sports car has broken cover in London, boasting classically inspired styling, a hand-built aluminum body, crafted interior trim and a $400,000 price tag, Created by a new company, David Brown Automotive, the Speedback is a prototype built on a Jaguar XKR platform with the aim of delivering a “vision of a classic-looking sports car without compromising modern convenience and features.” Drive comes from the XKR's supercharged 5.0-liter V8, unmodified and boasting 510 hp and 461 lb-ft, mated to a six-speed ZF automatic transmission. The 3,968 lb. curb weight is very similar to that of the donor car, so performance and economy figures are also similar: 0-60 mph in 4.6 seconds and a top speed limited to 155 mph.
Chrysler sold in £3.76 billion deal
Thu, 17 May 2007By Ben Whitworth Motor Industry 17 May 2007 09:38 Chrysler has been sold. In one of the biggest private equity deals seen in the automotive industry, Cerberus Capital Management has purchased 80.1% of Chrysler in a £3.76billion deal, leaving DaimlerChrysler with the remaining 19.9% stake in the loss-making company. The move marks the close of arguably the most high-profile transatlantic merger and shuts the door on Canadian car assembly giant Magna and billionaire Kirk Kerkorian, who last month offered £2.27billion for Chrysler.