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Chrysler posts $370 million net loss on costs tied to repaid loans
Tue, 26 Jul 2011Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.
Kia at the Paris motor show 2008
Thu, 02 Oct 2008By James Foxall Motor Shows 02 October 2008 16:41 Kia is desperate to prove to the world that it has Soul. And it did so in the most obvious way in Paris with – you guessed it – some soul singers. Seven versions of the new urban crossover Soul were then revealed in production guise and a hybrid version made its debut too.
One lap of the web: obscure muscle cars and obscured Opels
Wed, 18 Dec 2013-- Not only is Bryan Adams the best-selling Canadian rock artist of all time, he's also big in Germany. So popular in fact, that (get this) Opel is building a limited edition Opel Adam dubbed "ADAM by Bryan Adams." The ADAM by Bryan Adams will feature black wheels and dark gray camouflage paintwork reminiscent of NATO winter patterns. Adams created the design himself, because when you think "Bryan Adams" -- you think winter camouflage!