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Chrysler is set to invest $500 million in Toledo Jeep assembly plant
Wed, 16 Nov 2011Chrysler Group plans to invest $500 million in its Toledo North Assembly Plant and hire a second shift of workers over the next year to build a new Fiat-based SUV for Jeep, as well as other vehicles. "This plant has been chosen to build the future Jeep SUV to replace the current Jeep Liberty that will be exported to markets all over the world," CEO Sergio Marchionne said at the plant Wednesday. "Jeep is at the heart of our plans to internationalize Chrysler, a process which is being accelerated by Chrysler's access to Fiat's distribution capabilities in Europe and Latin America." Toledo North is Chrysler's only assembly plant with only one shift of workers.
Ferrari Enzo abandoned in Dubai is NOT for sale
Sun, 29 Apr 2012The Ferrari Enzo abandoned in Dubai The Enzo Ferrari abandoned in Dubai for 18 months, and reportedly due to be auctioned off, is not being sold according to reports from the Emirates. The Interwebs have been full of an Enzo abandoned in Dubai and gathering dust being impounded by police and auctioned off this week. But we didn’t run the story.
German car makers are dropping big engines
Sat, 29 Nov 2008[ad#ad-1] It’s the trend at the moment, and one that won’t go down very well with our American cousins, who are fond of saying that ‘There ain’t no substitute for cubic inches’, as the three big luxury German Car Companies – Audi BMW and Mercedes – are planning to move away from their big ‘V’ engines. BMW V10 - on the way out The news started last week, when Audi let it be known that their new S5 will not use the V8, but will instead use a supercharged V6. Earlier this week, news came from BMW that its next generation of ‘M’ cars will forsake the V10s so beloved of M owners, and will instead go for turbo versions of the V8.