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Bentley Celebrates Strong Finish At Mille Miglia

YOU can be forgiven for thinking Jaguar stole the Mille Miglia spotlight this year, what with its roster of celebrities driving a brace of desirable racers, but Bentley was the other British brand tearing across the Italian countryside. The Crewe-based luxury car maker fielded a handful of iconic pre-war models and, after the four-day, 1,700km marathon, the firm secured its best position to date with one of its iconic 4 ½ Litre supercharged Bentley Blowers. Rolf Frech, Bentley’s Member of the Board for Engineering and Jerome D’Ambrosio, finished in 73rd position out of the 438 cars that took part.

Chrysler in crisis

By Liz Turner, in the US Motor Industry 02 March 2007 04:28 The trouble with Chrysler: the background In 1996 when Chrysler opened its $1.1bn headquarters in Auburn Hills, 30 miles north of Detroit, executives joked that if things didn’t work out, they could always sell it as a shopping mall. Following DaimlerChrysler’s annual press conference on 14 February, local realtors are, no doubt, sneaking in to take measurements. Chrysler Group announced a staggering operating loss of $1.5 billion for 2006, and in the subsequent question time, DaimlerChrysler’s CEO Dieter Zetsche said the company ‘will examine far-reaching strategic options with partners’.

The Saab Saga – now it’s a share sale to raise cash

Saab Saab sell shares to GEM Global We’re not really sure we see how on earth the announcement from Saab that they are selling shares to raise funds is going to work. But we’ll report it anyway. The information we have is that Swedish Automobile is going to issue shares to help pay the outstanding bills it has, and to meet unpaid salaries for white collar workers.