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Stunning pictures of classic cars in Paris
Fri, 07 Feb 2014The classic car market is booming and there have been not one, but two, auctions of beautiful historic cars in Paris in the past week alone. We've already reported on the inaugural RM Auctions Paris sale, which saw nearly £15 million's worth of the world’s rarest and most exotic cars going under the hammer, including a Jaguar D-type that sold for more than £3 million. The other was the annual Bonhams Les Grand Marques du Monde au Grand Palais car auction.
Car 'not at fault' in Paul Walker crash
Thu, 19 Dec 2013INVESTIGATORS have found no evidence that the Porsche carrying actor Paul Walker had mechanical problems before it crashed, killing the Fast & Furious star. The investigation also ruled out debris or other road conditions as causing the car in which Walker, 40, was a passenger to slam into a lamppost and tree and burst into flames. "We're looking at speed and speed alone," a law enforcement source said.
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’.