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Chrysler to axe a quarter of its staff

Chrysler 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.

Citroen C-XR concept (2014) first official pictures

By Ollie Kew First Official Pictures 22 April 2014 15:34 Citroen has unveiled its headline act of the 2014 Beijing motor show: the C-XR concept. It's a compact SUV (what else, these days) that's taller and more stout-looking then the cheeky little C4 Cactus lightweight. Officially a concept car, but looking only a set of numberplates away from showrooms, the C-XR is especially notable for being the first SUV co-developed between Citroen and its Chinese brand partner, Dongfeng motor corp.

Toyota's global design chief Tokuo Fukuichi appointed president of Lexus

Toyota's global design chief Tokuo Fukuichi will be the first designer to sit on the company's board of directors when his appointment comes into effect on 1 April. Fukuichi will retain his position as global head of design for the Toyota, Lexus and Scion brands and will join the board after the general shareholders' meeting. His influence on Toyota's design direction over the last few years has been noticeable, particularly with Lexus, as the company strives to make its traditionally very conservative products a little more exciting.