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Chrysler bankruptcy filing said to be part of plan to seal Fiat deal
Wed, 29 Apr 2009Chrysler LLC and Fiat S.p.A. are prepared to complete an alliance by Thursday that would be taken into bankruptcy court as a key element of the U.S. automaker's restructuring plan if needed, a person with direct knowledge of the situation said.
Peugeot 508 – 5 By Peugeot Concept
Mon, 15 Feb 2010Peugeot are taking the '5 by Peugeot' Concept to Geneva - the new Peugeot 508 Back in November we reported that Peugeot were going to stop producing the 407 and 607 and deliver a new car to fill the gap – the Peugeot 508. Which makes a whole heap of sense. Apart from in France it’s always been then case that the bigger the French car the poorer its sales are, and the poor old 607 hasn’t exactly set the world alight with its huge sale.
Lincoln aims at luxury crossovers with MKT
Sun, 11 Jan 2009In an effort to grow the brand to customers who normally buy imports, Lincoln will offer up a full-size crossover, the MKT, that is due in dealerships in late summer. We saw the Lincoln MKT at the Detroit Auto Show. As sales of full-size sport/utility vehicles decline--Lincoln says industry-wide sales are down 5.2 percent for 2008--sales of crossovers are growing.