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Daimler agrees to unload remaining Chrysler stake
Mon, 27 Apr 2009Daimler AG announced today that it has reached an agreement to unload its remaining 19.9 percent stake in Chrysler LLC. "Daimler's remaining 19.9 percent shareholding in Chrysler will be redeemed, and Daimler will forgive repayment of the loans extended to Chrysler, which were already written off in the 2008 financial statement," Daimler said in a prepared statement. All told, Daimler will write off $700 million as a result of the deal, according to the statement.
Mercedes C63 AMG Coupe: The Video
Mon, 21 Mar 2011Mercedes C63 AMG Coupe Video Yesterday saw the official reveal of the Mercedes C63 AMG Coupe, ahead of its debut in April at the New York Motor Show. And we may have seemed a tad dismissive. Which wasn’t the intention.
Toyota FT-1 Evo - Toyota shows ‘real-world’ Supra concept
Thu, 14 Aug 2014By Tim Pollard First Official Pictures 14 August 2014 11:33 Has Toyota dropped a hint that the glorious FT-1 concept car could be bound for a showroom one day? It today unveiled new photographs of the super-coupe, calling it ‘a real-world’ version. Toyota has form here, remember.