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Chrysler investigated after collapse of Getrag deal
Thu, 26 Mar 2009The state of Indiana is investigating Chrysler LLC for securities fraud over the collapse of a joint venture with Getrag Transmission LLC. Jim Gavin, a spokesman for Secretary of State Todd Rokita, today confirmed a Kokomo Tribune report that said the investigation began two weeks ago. "There have been no complaints or allegations made," the paper quoted Rokita saying in a speech Tuesday.
Bugatti won't build new car until Veyron is sold out
Fri, 14 Feb 2014Bugatti executives told Bloomberg on Wednesday that the brand won't move forward with a new automobile until all of the remaining Veyrons have sold out. The French automaker built 300 original Bugatti coupes, followed by 150 various variants. The coupes sold out in 2011, but 40 convertibles are still for sale.
Mini Cooper Countryman gets New York freshening
Tue, 15 Apr 2014The Mini Countryman has undergone a subtle midlife facelift for the New York auto show, four years after it was launched in North America. The lightly reworked range-topping Mini Countryman model is expected to go on sale in July at prices company officials suggest will remain largely unchanged here in the U.S. As this first batch of official photographs reveals, there is very little to distinguish the refreshed Countryman from the existing model.