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New Euro NCAP crash test results: Golf, Fiesta, Mito
Wed, 26 Nov 2008By Simon Stiel Motor Industry 26 November 2008 10:00 Euro NCAP today announced the last round of test results before it overhauls the crash test results in February 2009. Eight cars gained the maximum five stars under the current rating system, but NCAP bosses warn that they will raise the bar next year. For full results, see our table below.
Chrysler to axe a quarter of its staff
Fri, 24 Oct 2008Chrysler is to cut a quarter of its staff - up to 5000 jobs By Tim Pollard Motor Industry 24 October 2008 17:05 The credit crisis gripping the world's economy struck Chrysler again today – the car maker announced it would cut a quarter of its staff by the end of the year. Although exact figures haven't been issued yet, it looks like as many as 5000 jobs could be axed. Analysts in Detroit are seeing today's announcement as a sign that the possible GM-Chrysler merger being discussed could come to fruition.
GM to slash global vehicle platforms by more than half, to 14, by 2018
Tue, 09 Aug 2011General Motors says it will cut the number of vehicle platforms it uses globally by more than half over the next decade, in a bid to reduce complexity and save on product-development costs. “More of our components will be common, and more of our vehicles will be on global architectures,” GM CEO Dan Akerson told analysts on Tuesday. His remarks came as GM kicked off a series of presentations online, billed as its 2011 Global Business Conference.