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Crunch watch Apr 09: the auto industry in crisis
Thu, 30 Apr 2009By Tim Pollard and Ben Pulman Motor Industry 30 April 2009 17:21 Welcome to CAR's news aggregator as we round up the seismic change in the auto industry. Top tip: news summaries are added from the top hour-by-hour Thursday 30 April 2009• It's official: president Barack Obama confirms this afternoon Chrysler will file for Chapter 11 bankruptcy protection as it strikes a patnership with Fiat (Automotive News, subscription required)• 'Over the past month, seemingly insurmountable obstacles have been overcome,' says Obama. 'Chrysler and Fiat have formed a partnership that has a strong chance of success' • Chrysler is filing for bankruptcy protection under Section 363(b) of Chapter 11 bankruptcy code – expected to last for 30-60 days (Detroit News)• Treasury to pay Chrysler $4.5 billion 'in exit financing'• Chrysler tipped to get new board of directors.
Mitsubishi Colt 1.3 Juro: Price & Specs
Fri, 25 Feb 2011Mitsubishi Colt 1.3 Juro Mitsubishi do have a fondness for sticking a Juro badge on their cars and miraculously adorning them with big specs and low prices. Which should, by rights, have buyers beating a path to their door. Mitsubishi has played the Juro card recently with the Lancer 2.0 DI-D Juro and the Outlander Juro, both of which we’ve reviewed and both of which we thought offered terrific value for money.
The thinking man’s M3: Alpina D3 Bi-Turbo is world’s fastest diesel production car
Thu, 10 Oct 2013German tuning firm Alpina has been tweaking BMWs since it started back in 1965 – in fact, it helped BMW develop the legendary 3.0 CSL, so it seems it knows its onions. However, its latest effort is something a little different. Not quite a conventional performance car, the 2013 Alpina D3 Bi-Turbo is actually the world’s fastest diesel production car, according to the firm.