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Chrysler in crisis
Fri, 02 Mar 2007By Liz Turner, in the US Motor Industry 02 March 2007 04:28 The trouble with Chrysler: the background In 1996 when Chrysler opened its $1.1bn headquarters in Auburn Hills, 30 miles north of Detroit, executives joked that if things didn’t work out, they could always sell it as a shopping mall. Following DaimlerChrysler’s annual press conference on 14 February, local realtors are, no doubt, sneaking in to take measurements. Chrysler Group announced a staggering operating loss of $1.5 billion for 2006, and in the subsequent question time, DaimlerChrysler’s CEO Dieter Zetsche said the company ‘will examine far-reaching strategic options with partners’.
Audi A7 breaks cover
Mon, 26 Jul 2010This is Audi's new A7--the sleek, upmarket liftback previewed by the Sportback concept at the 2009 Detroit auto show. The A7 aims to provide the company with a stylish but practical rival to contemporary four-door luxury cars such as the Jaguar XF and the second-generation Mercedes-Benz CLS. Revealed at a gala presentation in Munich on Monday, the A7 is the second liftback model launched by Audi recently, following the smaller A5.
Dodge Caliber SRT4 dies quick and painless
Mon, 14 Sep 2009Dodge is dropping its fastest, most powerful small car for the 2010 model year. The Dodge Caliber SRT4--a turbocharged, muscle-bound version of the Caliber--is being discontinued. "The Dodge Caliber SRT4 was planned for a limited production run in the highly competitive sport compact market segment," Dodge said in a statement.