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Daimler & BYD reveal the Denza EV Concept: Beijing 2012

Denza EV Concept The partnership between Daimler and BYD in China has revealed its first fruit – the Denza EV Concept - at the Beijing Motor Show. It’s just a few weeks since we learned that Daimler and BYD had come up with a name for their joint venture in China to produce New Energy Vehicles (basically EVs). Denza – or Tengshi, in Chinese – seeks to take Daimler’s expertise in car making (and they do claim more than any other car maker on the planet) and mate it with BYD’s undoubted expertise in electric cars to build a car company that only produces new energy vehicles.

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.

Audi Metroproject Quattro (2007) unveiled

By Guy Bird First Official Pictures 24 October 2007 03:54 The countdown to Audi’s supermini A1 starts here The Audi Metro Project concept – unveiled in the metal for the first time at the 2007 Tokyo show today – may have been billed as a ‘design study’, but the German marque’s going to make it with little changed, and soon. The official line at Audi’s press conference from chairman Rupert Stadler went as follows: 'In two years’ time I imagine that we will find many aspects of this car in the new Audi A1.' Head of Audi Group design Wolfgang Egger was more forthcoming. He told CAR Online the sporty three-door four-seat prestige supermini concept was '80 percent production ready'.