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London motor show 2008 'visitor numbers up 14 percent'

London motor show 2008: visitor numbers 'up 14 percent', say the show organisers By Tom Richards Motor Shows 04 August 2008 17:52 Official figures for the recent London motor show today reveal a 14 percent increase in visitor numbers. The British International Motor Show at London's Excel arena attracted 472,300 people over the past fortnight. Although that's some way off the initial target of 550,000 visitors, it's a healthy rise on the 2006 event, attended by 415,000 people.

Audi A1 subcompact teaser

Audi has released a teaser shot of a new premium subcompact, the A1, which will be revealed at the Geneva auto show in March. The shot is a graffiti-style teaser and reveals very little. Still, it appears to be a fairly bold design, with a prominent front end, short front overhang and large wheel wells.

Daimler agrees to unload remaining Chrysler stake

Daimler 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.