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Audi A1 quattro with 252bhp revealed
Wed, 21 Dec 2011New Audi A1 quattro limited edition revealed Audi has unveiled a limited edition Audi A1 quattro with 4WD and 252bhp. Just 333 to be built and probably no RHD versions. You may thinks the A1 quattro revealed this morning by Audi should really be the S1.
Technicon opens new Rüsslesheim studio
Wed, 04 Jan 2012The creative arm of global automotive specialist, Technicon Design, has opened a new European studio in Rüsslesheim, Germany. As part of a grand opening late last year, selected clients where invited to view the new center. The new studio takes occupancy in the historic former Opel factory in the heart of the town in the Rhein-Main region of Germany.
Chrysler posts $370 million net loss on costs tied to repaid loans
Tue, 26 Jul 2011Chrysler Group LLC, after recording its first post-bankruptcy profit three months ago, posted a net loss of $370 million in the second quarter due to costs tied to the repayment of government bailout loans. Chrysler incurred a charge of $551 million in paying back the U.S. Department of Treasury and the Canadian loans that kept the automaker afloat in 2009.