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Chrysler says it needs another $2 billion in aid
Tue, 17 Feb 2009In submitting its viability plan to the federal government on Tuesday, Chrysler asked for an additional $2 billion beyond the $7 billion in loans it sought late last year and outlined further steps to cut costs. Chrysler said it will reduce fixed costs by an additional $700 million, cut 100,000 more units of production capacity, discontinue three more model lines and sell $300 million more in assets.
New BMW M5 & M6 Competition Package & new 518d prices revealed
Fri, 31 May 2013The competition package for the new M5 & M6 costs from £5,500 The arrival of the newly refreshed BMW 5 Series saw the arrival of a new entry-level point – the 518d – and the option at the other end of the scale of a Competition Package for both the M5 and M6 (in all three varieties). Now, BMW has decided how much they are going to cost you. The Competition Package for the M5 and M6 comes in a bit steeper than we’d expected (we reckoned it would cost around £5k), with the cheapest option being on the M6 Gran Coupe £5,500) and the most expensive on the M5 saloon (£6,700).
North America crucial to Fiat's new 5-year plan
Wed, 14 Apr 2010Alfa Romeo will play a key role in the U.S. market, Jeep will lead the charge in Russia, Chrysler cars will bolster the Lancia lineup in Europe and Dodge crossovers and SUVs will wear the Fiat badge in Europe. Those are key elements of Fiat S.p.A.