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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.
Subaru Advanced Tourer Concept Tokyo Debut
Fri, 02 Dec 2011Subaru Advanced Tourer Concept arrives at the Tokyo Motor Show Just as they did at the 2009 Tokyo Motor Show, Subaru have brought along a hybrid estate – the Subaru Advanced Tourer Concept. You have to conclude that Subaru are serious about producing a hybrid estate car. They brought along a hybrid Tourer Concept to the 2009 Tokyo Motor Show and, after teasing it earlier in the month, they’ve revealed the new Advanced Tourer Concept on the Subaru stand at Tokyo.
BMW M5 (2011) the first official video
Fri, 04 Mar 2011BMW has started its hype generator for the upcoming M5, with this first online teaser video. I'm at the office and can't watch the footage right now – what can we see of the new BMW M5? It's officially called a 'first glimpse', and in and amongst shots of a partially-camouflaged prototype M5 roaring through a tunnel and powersliding along a snowy test track, M Division boss Dr Kay Siegler appears talking about the new car in the workshop of M HQ. Segler introduces the new M5 as 'a bold business car, which at the touch of a button, becomes a sports car'. The new BMW M5 - the lowdown The new F10M-spec M5 is downsizing from the E60's 5.0-litre V10 for the same 550bhp 4.4 litre twin-turbo V8 found in the X5M and X6M. But rather than the torque convertor autos used by the SUV pair, the new motor is mated to a beefed-up version of the the seven-speed M-DCT double-clutch transmission currently serving in the M3.