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Fiat, Chrysler in partnership talks

Fiat Group is negotiating with Chrysler LLC to form a strategic partnership that could include a Fiat equity stake in the ailing U.S. carmaker. The pact would help Chrysler speed and strengthen its restructuring plan.

Chrysler in crisis

By 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’.

Mercedes SLS AMG – Dancing on the ceiling

The Mercedes SLS AMG can 'Dance on the Ceiling' Every car maker wanting to boast about the ground-effect prowess of their cars will claim they could – in the right circumstances – drive upside down on the roof of a tunnel. But to the best of our knowledge it’s never actually been done. Clarkson had a bash in a Twingo in Belfast in the last series of Top Gear, and every F1 team will claim their cars can manage it.