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BMW UK updates and extends 3 Series, 5 Series & 6 Series
Fri, 22 Jun 2012BMW UK is adding new models and engines to its UK line-up, including xDrive 3 Series models, 520d Gran Turismo and a new 650i engine. BMW UK is having a comprehensive update of UK models and options right across the range, with a focus on more economical options on the 3 Series, 5 Series and 6 series models. Probably the big news for the BMW 3 Series is the arrival of the BMW ActiveHybrid 3 which gets the TwinPower 3.0 litre and a 55bhp electric motor to deliver 0-62mph in 5.3 seconds and official economy of 47.9mpg.
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.
Mopar offers pickup conversion for the Jeep Wrangler Unlimited
Thu, 14 Jul 2011Off-road king Jeep is offering a new kit that transforms a four-door Jeep Wrangler Unlimited into a two-door Jeep pickup truck. The Mopar JK-8 kit will cost $5,499. The kit can be installed by a dealer, according to Jeep, or by skilled shade-tree mechanics.